Solvista Gold Corporation announced 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. Messrs.

Shiffman and Isaza were founding directors of the company. The board does not intend to seek any new directors to fill the vacancies caused by Messrs. Shiffman's and Isaza's resignations.