Solvista Gold Receives Approval from the TSX Venture Exchange for Warrant Extension


TORONTO, ONTARIO--(Marketwired - April 16, 2013) - Solvista Gold Corporation ("Solvista") (TSX VENTURE:SVV)(OTCQX:SVVZF) is pleased to announce that further to its press release dated April 10, 2013, it has received approval from the TSX Venture Exchange for the extension of the expiry dates of certain common share purchase warrants.

The expiry date of an aggregate of 11,823,521 warrants has been amended from April 27, 2013 and May 11, 2013, to April 27, 2014 for warrants issued on April 27, 2011 and May 11, 2011, respectively. The exercise price of the warrants remains unchanged at $1.10 per warrant.

About Solvista

Solvista is a gold exploration company with two projects, Caramanta and Guadalupe. These projects cover approximately 60,000 hectares in the Antioquia province of Colombia, a region rich in historic gold mining tradition and where several new gold discoveries have recently been made. Drill programs conducted during 2012 confirmed the presence of significant gold mineralization at both of its projects, with drilling ongoing at Caramanta. Solvista's head office is located in Toronto with its Colombian headquarters located in Medellín. For further details on Solvista, its management team and its projects, please refer to Solvista's website (www.solvistagold.com).

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 of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Contact Information:

Solvista Gold Corporation
Miller O'Prey, PGeo
President and CEO
+1 647 694 0149
moprey@solvistagold.com

Solvista Gold Corporation
Don Christie, CA
Chief Financial Officer
+1 416 504 4171
dchristie@solvistagold.com
www.solvistagold.com