Patagonia Gold Announces Directorate Change

TORONTO, Feb. 18, 2013 /CNW/ - Patagonia Gold Plc (TSX: PAT), (AIM: PGD) today announced the resignation of Gary Sugar as a non-executive director of the Company, with immediate effect. The Board of Directors would like to thank Mr. Sugar for his contribution to the Company, and wishes him well for the future. It is intended that additional appointments will be made to the Board over the coming months and further announcements will be made as appropriate.

About Patagonia Gold

Patagonia Gold Plc is a mining company that seeks to grow shareholder value through exploration, development and production of gold and silver projects in the southern Patagonia region of Argentina. The Company is primarily focused on three projects: the flagship Cap-Oeste project, the nearby COSE project and the Lomada heap leach project, which is generating free cash flow. Patagonia Gold, indirectly through its subsidiaries or under option agreements, has mineral rights to over 220 properties in several provinces of Argentina and Chile, and is one of the largest landholders in the province of Santa Cruz.

Patagonia Gold is listed on the Toronto Stock Exchange (TSX) under the symbol PAT and has been listed on the AIM market of the London Stock Exchange under the symbol PGD since 2003.

SOURCE: Patagonia Gold plc

For further information:

Bill Humphries, CEO
Patagonia Gold Plc
Tel: +44 (0)20 7409 7444

Philip Yee, CFO
Patagonia Gold Plc
Tel: +1 (416) 572 2007

Colin Languedoc
Barnes Communications Inc.
Tel: +1 (416) 367-5000

Simon Raggett / Angela Hallett
Strand Hanson Ltd
Tel: +44 (0)20 7409 3494

Rory Scott
Mirabaud Securities LLP
Tel: +44 (0)20 7484 3510

David Bick / Mark Longson
Square 1 Consulting
+44 (0)20 7929 5599