Caldas Gold Corp. provided an update on the certification status of the proceedings related to its request for a 30-year extension of its Marmato mining contract 014-89M which is set to expire in October of this year. Following several work sessions in which the technical, legal, social, environmental and economic information was presented as the basis for the Company’s extension request, the Company has reached agreement with the Agencia Nacional de Mineria on the economic conditions as summarized below. The ANM has indicated that its process related to the technical information and finalization of the legal documents for the extension will be completed by mid-January. The key economic conditions associated with the approval of the extension request include: An increase in the royalty rate paid to the ANM on gold production, currently 6% of revenue, to 7%. The ANM royalty on silver revenue will remain at 8%; An ongoing commitment to fund annual social investment based on a rate of USD 25 per ounce produced, adjusted annually based on changes in the US CPI Index, and subject to an annual minimum of USD 300,000, which is also indexed annually based on the US CPI Index; and; a contract premium of USD 6 million to be paid over a four-year period, indexed annually based on the US CPI Index.