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 Tue May 3, 2016
Columbus Gold Reports Significant Share Transactions

 Vancouver, BC, Canada, May 3rd, 2016. Columbus Gold Corp. (CGT: TSX, CBGDF: OTCQX) ("Columbus") is pleased to report that Columbus Gold has facilitated the purchase of the remaining Columbus Gold shares held by Auplata S.A. Auplata, who in mid-December 2015 held about 20 million shares of Columbus Gold, obtained its shares as partial consideration for the sale of the Paul Isnard property in French Guiana to Columbus Gold in 2011. The majority of the shares were acquired by institutional investors, and the final balance of 2,230,000 shares was transferred to Columbus Gold, in satisfaction of an agreement between the parties. The transactions, which represent 70% of all trading activity since mid-December 2015, remove a significant obstacle in the market for Columbus Gold shares.


Robert F. Giustra
Chairman & CEO

For more information contact:

Investor Relations
(604) 634-0970 or

You can view the Next News Releases item: Fri May 20, 2016, Columbus Gold Announces Appointment of New Chief Financial Officer

You can view the Previous News Releases item: Fri Apr 29, 2016, Columbus Gold Drills 35.1 Meters of 4.1 g/t Gold, including 19.8 Meters of 6.91 g/t Gold and 97.3 g/t Silver, at Eastside, Nevada

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Columbus Gold Corporation