Colombia Crest Clarifies Cease Trade Order

Colombia Crest Gold Corp. ("Colombia Crest"; the "Company") (TSX
VENTURE:CLB)(PINKSHEETS:ECRTF)(FRANKFURT:EAT) reports that the TSX Venture
Exchange has suspended trading in the Company's securities as a result of a
Cease Trade Order issued by the British Colombia Securities Commission on
February 7, 2014. The Cease Trade Order was issued for the failure of the
Company to file its audited annual financial statements for the fiscal year
ended September 30, 2013, the related annual management's discussion and
analysis and the certifications of annual filings, collectively, (the
"Documents").


The Company and its external auditor are working diligently to complete and file
the Documents, which have been delayed awaiting clarification from accountants
in Bolivia of income tax liabilities, if any, related to the 2013 sale of the
Company's Bolivian subsidiary.


About Colombia Crest Gold Corp.

Colombia Crest Gold Corp. is a minerals exploration company focused on the
acquisition, development and monetization of project throughout the Americas.


Forward-Looking Statements

This news release contains forward-looking statements, including predictions,
projections and forecasts. In particular, statements in regards to the
completion of and related timing of filing of the Documents are considered
Forward Looking Statements. Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of Colombia Crest to be
materially different from those expressed or implied by such forward-looking
statements. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements.


Neither the TSX Venture nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture) accepts responsibility for the
adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Colombia Crest Gold Corp.
Bill Jung
CFO
bill@colombiacrestgold.com
www.colombiacrestgold.com

Colombia Crest Gold Corp. (TSXV:CLB)
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