Patagonia Gold Announces Director Share Dealing

TORONTO, March 5, 2013 /CNW/ - Patagonia Gold Plc (TSX: PAT, AIM: PGD) today announced that on October 29, 2012, Marc Sale, a director of the Company, transferred options over 900,000 ordinary shares of one pence each, to a party connected to him.  Mr. Sale is now interested in 6,475,000 options over ordinary shares of one pence each in the Company.

About Patagonia Gold

Patagonia Gold Plc is a mining company that seeks to grow shareholder value through exploration, development and production of gold and silver projects in the southern Patagonia region of Argentina. The Company is primarily focused on three projects: the flagship Cap-Oeste project, the nearby COSE project and the Lomada heap leach project, which is generating free cash flow. Patagonia Gold, indirectly through its subsidiaries or under option agreements, has mineral rights to over 220 properties in several provinces of Argentina and Chile, and is one of the largest landholders in the province of Santa Cruz.

Patagonia Gold is listed on the Toronto Stock Exchange (TSX) under the symbol PAT and has been listed on the AIM market of the London Stock Exchange under the symbol PGD since 2003.

SOURCE: Patagonia Gold plc