SVV

Solvista Gold Corporation ("Solvista" or the "Company") (TSX
VENTURE:SVV)(OTCQX:SVVZF) announces that Mr. Ruben Shiffman and Mr. Andres
Restrepo Isaza have resigned as directors of the Company effective August 21,
2012 in order to pursue other interests. The resignations were accepted by the
Board of Directors today.


Messrs. Shiffman and Isaza were founding directors of Solvista and played an
instrumental role in the Company's initial financing and its going public
transaction in May 2011. "Ruben and Andres were thoughtful contributors in the
Board room, offering strategic advice on key decisions and helped expand the
Company's network of stakeholders", said Solvista's President and CEO Miller
O'Prey. He continued, "on behalf of the Company and its Board of Directors, we
would like to thank Ruben and Andres for their exemplary service during their
tenure and we wish them continued success in all their future endeavours."


The Board does not intend to seek any new directors to fill the vacancies caused
by Messrs. Shiffman's and Isaza's resignations as its current composition will
have no impact on the Board's independence or its ability to carry out its
duties with the best interests of the Company in mind. The Board is now
currently comprised of six directors, namely Gerald McCarvill (Chair), Miller
O'Prey, Donald Christie, G. Edmund King, Gary Barket and Roger Easterday.


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. Solvista is well funded
and will complete a 10,000 metre drill programme during 2012. Solvista's head
office is located in Toronto with its Colombian headquarters located in
Medellin. For further details on Solvista, its management team and its projects,
please refer to Solvista's website (www.solvistagold.com).

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