| Vancouver, British Columbia – Cortez Gold Corp (TSXV: CUT) (“Cortez” or the “Company”) announces that it has delivered its notice to Cortez Minera Mexicana S.A de C.V (“Minera Mexicana”), notifying them that the Company will not be proceeding with the transaction to acquire 100% of the issued and outstanding shares of Minera Mexicana. Minera Mexicana is a private Mexican company that holds the option to purchase a 100% interest in the Petlacala gold/silver project in Guerrero State, Mexico (see press releases of April 12 and August 23, 2010). ON BEHALF OF THE BOARD of Cortez Gold Corp. (sgd.) “Robert Eadie” President & Chief Executive Officer For further information please contact: Robert Eadie, President and CEO 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] Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. |
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