Eco Oro Minerals Corp. ("Eco Oro" or the "Company") announces that the Company has formally notified the Government of Colombia (the "Government") of the existence of a dispute between Eco Oro and the Government under the Free Trade Agreement between Canada and Colombia (the "Free Trade Agreement").  The dispute has arisen out of the Government's measures and omissions, which have directly impacted the rights granted to Eco Oro to explore and exploit its Angostura Project. The measures and omissions that have affected Eco Oro include (without limitation) the Government's unreasonable delay in clarifying the limits of the Santurbán Páramo and whether it overlapped with the Angostura Project and its persistent failure to provide clarity as to Eco Oro's right to continue developing its mining project…Eco Oro remains open to continue amicable discussions with the Government with a view to the prompt settlement of this dispute.