CB Gold Inc. Receives Registration of the Concession Contracts for Its 100% Owned La Peter, Santa Isabel and Los Delirios Properties in Vetas

VANCOUVER, BC -- (Marketwired - July 02, 2015) - CB Gold Inc. (TSX VENTURE: CBJ)("CB Gold" or the "Company") is pleased to announce that its 100% owned La Peter, Santa Isabel and Los Delirios are now fully registered before the Colombian National Registry closing a process that lasted over four years. As announced in a press release dated June 25, 2015 the mining licences have been converted into concession contracts (the "Concession Contracts"), with an average 20 year duration (extendable for an additional 30 years), securing the long-term development potential of the properties. The process of transforming the licences into Concession Contracts is called Change of Modality ("Change of Modality"). La Peter, Santa Isabel and Los Delirios form part of the Vetas Gold Project.

As previously stated the Company now has a total of seven Concession Contracts forming the Vetas Gold Project and expects the signature on the remaining two contracts to successfully complete the process of Change of Modality within the next short period of time.


About CB Gold Inc.:

CB Gold is a mineral exploration company headquartered in Vancouver, British Columbia. CB Gold, through its wholly-owned subsidiary, Leyhat Colombia Sucursal, is actively pursuing the exploration and development of mineral properties in the Republic of Colombia. The Vetas Gold Project consists of a number of existing mines and exploration concessions.

For more information on CB Gold please visit our web site at www.cbgoldinc.com or contact the Company at +1 (604) 630-5870, or info@cbgoldinc.com.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.


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Contact

CB Gold Inc.
+1 (604) 630-5870
info@cbgoldinc.com
www.cbgoldinc.com