TSXgroup

August 1, 2008

ANTIOQUIA GOLD INC. ("AGD")
BULLETIN TYPE: New Listing-Shares, Private Placement-Brokered, Private Placement-Non-Brokered
BULLETIN DATE: August 1, 2008
TSX Venture Tier 2 Company

Antioquia Gold Inc., formerly known as High American Gold Inc., (the "Company"), recently completed a reverse takeover ("RTO") of Am-Ves Resources Inc.; a private corporation incorporated under the laws of Alberta. The RTO and related transactions, including the continuance of the Company under the laws of Alberta and the consolidation of all of the issued and outstanding common shares on a 10:1 basis, (the "Transaction") were approved by the shareholders of the Company at the Annual and Special Meeting of shareholders held on April 15, 2008. The Company is classified as a 'Mining' company.

Private Placement - Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement. Concurrently with the completion of the Transaction, the Company closed a brokered private placement of 4,380,000 units ("Units") at $0.20 per Unit for gross proceeds of $876,000 ("Brokered Placement"). Each Unit is comprised of one post-consolidation common share of the Company ("Common Share") and one half of a purchase warrant (a "Warrant"). Each full Warrant entitles the holder to purchase one Common Share at $0.30 per Common Share for 18 months from closing of the Brokered Placement.

In connection with the Brokered Placement, the Company's agent, Blackmont Capital Inc., shared 438,000 non-transferable purchase warrants ("Agent Warrants") with members of the selling group. Each Agent Warrant entitles the holder to purchase Units at $0.20 per Unit for a period of 18 months from Closing of the Brokered Placement.

Number of Placees 49 placees

Private Placement - Non-Brokered
TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The Company completed a non-brokered private placement of 1,140,000 Units for gross proceeds of $228,000 concurrently with the completion of the Transaction.

Number of Placees 10 placees

Commence Date: At the opening Tuesday, August 5, 2008, the common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: Ontario (to be continued into Alberta)

Capitalization: Unlimited Common Shares with no par value of which 26,151,188 Common Shares are issued and outstanding.
Escrowed Securities: 6,109,500 Common Shares
1,535,000 Common Share purchase warrants

Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: AGD
CUSIP Number: 037180 10 6

For further information, please refer to the Company's Management Information Circular dated March 20, 2008 and the Company's press release dated July 30, 2008 available at www.sedar.com.

Company Contact: Rick Thibault
Company Address: #310, 605 - 1st Street SW, Calgary, Alberta T2P 3S9

Company Phone Number: (484) 319-7807
Company Fax Number: (403) 777-9199