VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 26, 2013) - Columbus Gold Corp. (News - Market indicators) ("Columbus Gold") is pleased to announce that its shareholders have completed their 2013 Annual General Meeting. According to the interim scrutineer's report and report on proxies, approximately 30.69% of Columbus Gold's shareholders attended the meeting in person or by proxy, representing an aggregate of 31,560,456 common shares, and all of the proposed resolutions put forward by management found overwhelming support. Among the percentage of votes cast: (a) 99.98% approved setting the number of directors at 4; (b) an average of 99.8125% approved the re-election of incumbent directors Robert Giustra, Don Gustafson, Peter Gianulis, and Gil Atzmon; (c) 99.45% voted for the re-appointment of Dale Matheson Carr-Hilton LaBonte LLP as Columbus Gold's auditors; and (d) 98.52% approved Columbus Gold's amended share option plan, which was discussed more fully in Columbus Gold's news release dated January 25, 2013. Columbus Gold wishes to thank and congratulate its shareholders on their successful meeting.

ON BEHALF OF THE BOARD,

Robert F. Giustra, Chairman & CEO