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Angel Gold Completes Shares Consolidation

Corporate Actions

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NEWS RELEASE December 2, 2013

Symbol: TSX – V: ANG

Angel Gold Completes Shares Consolidation

Vancouver, British Columbia – Angel Gold Corp. (TSX-V: ANG) (“Angel” or the “Company”) announces that it has completed the consolidation of its common shares (the "Common Shares") on the basis of one (1) post-consolidation Common Share for every ten (10) pre-consolidation Common Shares (the "Consolidation").

The Consolidation will be effective for trading purposes on December 3, 2013, under the current trading symbol: TSX-V: ANG and OTCQX: ANGCF. Following the Consolidation, the Company will have approximately 7,480,432 issued and outstanding common shares.

On Behalf of the Board of Directors of Angel Gold Corp.

Blanca Stella Frias, Director President and Chief Executive Officer

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this news release.

For investor relations please contact:

Rob Gamley Contact Financial Corp.

(604) 689-7422 Email: [email protected]

Angel Gold Corp.

837 Hastings Street West, Suite 408 Vancouver, BC, Canada V6C 3N6 Tel: 604-684-6264 Extn 2 Fax: 604-684-6242 [email protected] www.angelgoldcorp.com Symbol: TSX-V: ANG

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The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “forward- looking statements” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.