MEXICAN GOLD CORP. (the “Company” or “Mexican Gold”) (TSX-V: MEX) is pleased to announce that following the closing of Tranche 1 of its on-going financing, Mexican Gold’s whollyowned subsidiary, Roca Verde Exploracion de Mexico, S.A. de C.V. (“Roca Verde”), has finalized the acquisition of a 100% interest in the Pepe, Pepe Tres, and San Jose concessions (the “Concessions”) at its Las Minas property.