Zacatecas, Mexico (FSCwire) - First Colombia Gold (OTCQB: FCGD), a natural resource and capital company, is pleased to announce the appointment of Dr. E. Robert Gates as CEO and Director of the company.

Dr. Gates has over 45 years of experience in corporate consulting, mergers and acquisitions, and as a senior executive. Over his long career, he has served as President and Chief Executive Officer of Midwest Energy Ventures, LLC and Gulf Star Energy Group and served as an early stage management consultant to a number of entities. Dr. Gates has been successful in both domestic and international fund raising and was the co-inventor and recipient of two patents in the phyto-chemistry field. He received, a Ph.D. in  Management from the California Coast University in 1986 and an M.B.A. in Business Administration from the California Coast University in 1984.

Previously, Dr. Gates had been retained by First Colombia Gold to conduct a review of the company’s strategy and business plan as the Board of Directors considered diversifying to establish an energy division, mining division, and an international business division. The Board has approved these plans, which build upon work done since 2011 by management and consultants to the company. This new business model re-engineers the company as a capital company to build shareholder value.

Piero Sutti-Keyser, who has been CEO since early 2012, will remain a consultant to the company for business development in Mexico.

About First Colombia Gold

First Colombia Gold Corp. is a capital company focused on acquiring, developing and advancing natural resource, energy , and real estate projects in Europe, North  America, and South America. Our business model is to acquire undervalued assets combining potential for building assets values and cash flow through leverage to improved operational efficiencies and development.

Investor Inquiries:

David Kugelman, Investor Relations

Phone: (404) 856-915/ (866) 692-6847

Website: www.firstcolombiagold.com

Email: info@firstcolombiagold.com

Disclaimer

This release contains forward-looking statements that are based on beliefs of First Colombia Gold Corp. management and reflect First Colombia Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of First Colombia Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, First Colombia Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10k, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance First Colombia Gold Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan.

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