Mr. Patrick Downey reports

TERRA ROSSA ANNOUNCES NEW CEO AND MANAGEMENT CHANGES

Terra Rossa Gold Ltd. has appointed Carter Smith as president and chief executive officer, effective immediately. Mr. Smith has also been appointed to the board of directors.

Mr. Smith has several years of experience in the mining sector covering capital markets, finance, M&A (mergers and acquisitions), corporate governance and strategic planning. In addition, he has spent significant time in Latin America and fluent in Spanish.

Patrick Downey, chairman of Terra Rossa, stated: "On behalf of the board of directors, I am extremely pleased to welcome Carter as president and CEO of Terra Rossa. He arrives at an exciting time for the company as we rapidly advance exploration at the Vetas project towards our maiden drilling program. His broad capital markets experience in the mining sector will be a significant asset as we also increase our marketing focus and broaden our shareholder base."

Mr. Smith statedL "I am more than excited to assume the role as president and CEO of Terra Rossa. The company has advanced the exciting Vetas project on many fronts over the past several years and I look forward to ensuring its growth and development over the coming months and years. I also look forward to connecting and communicating with our existing shareholder base and growing the company's visibility across the broader capital markets. I want to thank Patrick and the board for giving me this opportunity and look forward to working closely with them in this exciting venture."

Mr. Smith completed his bachelor studies at the University of Victoria and received his master of finance from Queen's University in Toronto, Ont., Canada.

About Terra Rossa Gold Ltd.

The company is a gold exploration and development corporation with an experienced mine development team. A local exploration and administration team is in place in Colombia, and the company also has a local community relations office in the town of Vetas. The current board and management are focused on building shareholder value through the advanced exploration and subsequent development of the Vetas gold project.

We seek Safe Harbor.