Solvista Gold Announces Grant of Stock Options

April 12 18:19 2012

TORONTO, ONTARIO — (Marketwire) — 04/12/12 — Solvista Gold Corporation („Solvista“ or the „Corporation“) (TSX VENTURE: SVV)(OTCQX: SVVZF) announces the grant of a total of 350,000 stock options to certain officers, directors, employees and consultants of the Corporation pursuant to the Corporation-s stock option plan. The stock options were granted effective April 12, 2012, exercisable at a price of $0.75 per common share and expire on April 12, 2017; 250,000 of the stock options vest as to one-third (1/3) on April 12, 2012, one-third (1/3) on April 12, 2013 and one-third (1/3) on April 12, 2014. The remaining 100,000 stock options vest as to one-half (1/2) on October 12, 2012 and one-half (1/2) on April 12, 2013.

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 (). Solvista-s Canadian regulatory filings can be found on SEDAR at .

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Contacts:
Solvista Gold Corporation
Don Christie, CA
Chief Financial Officer
+1 416 504 4171

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