Vancouver, British Columbia – Cortez Gold Corp (TSXV:CUT) (“Cortez” or the “Company”) announces that In conjunction with the proposed share consolidation and the private placement announced on August 30, 2013, the Company is amending its post-consolidation private placement by increasing the size of the offering to 4 million units. The pricing remains unchanged at $0.20 per unit (a “Unit”) with each Unit consisting of one post-consolidated common share of the Company and one-half of one share purchase warrant (a “Warrant”) with each whole Warrant entitling the holder to acquire an additional common share of the Company at $0.40 per share for a period of 24 months after issuance. The Warrants will be subject to an accelerated expiry should the common shares of the Company close at a minimum of $0.60 for a period of twenty (20) consecutive trading days on the TSX Venture Exchange.

Finders’ fees may be payable in cash in accordance with Exchange policies.

Net proceeds of the private placement will be applied towards working capital and general corporate purposes, and will be used to advance the Company’s projects in Mexico.

The proposed share consolidation and the private placement and related transactions are subject to TSX Venture Exchange acceptance.

ON BEHALF OF THE BOARD
of Cortez Gold Corp.

(sgd.) “Robert Eadie”
Robert Eadie, President

For further information please contact:
Robert Eadie, President
Cortez Gold Corp.
Suite 750, 580 Hornby Street, Box 113
Vancouver, British Columbia V6C 3B6
Tel: (604) 602-4935 • Fax: (604) 602-4936
Email: [email protected]