Cortez Gold Corp.

Cortez Gold Corp.

December 03, 2009 10:00 ET

Cortez Gold Corp.: New Proposed Qualifying Transactions Under Review

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2009) - Further to its press release of December 1, 2009, Cortez Gold Corp. (TSX VENTURE:CUT.P) ("Cortez") reports that the Company is in the midst of reviewing various opportunities for project acquisitions, with particular focus on the gold sector. "Numerous gold projects have been presented to us and we are currently assessing the merits of each of these opportunities," said President & CEO, Robert Eadie. "With the quality of the projects we are evaluating, I am confident that we will open up the New Year with good news for our shareholders."

Cortez is a capital pool company and is aggressively pursuing an acquisition to constitute its Qualifying Transaction (as such term is defined in the policies of the Exchange).

ON BEHALF OF THE BOARD of Cortez Gold Corp.

Robert Eadie, President & Chief Executive Officer

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 release.

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