Patagonia Gold Regulatory News (PGD)

24 September 2013

Patagonia Gold PLC

("Patagonia Gold" or "the Company")

Directors' Dealings

The Company announces that it was informed yesterday of the following share purchases, made on 23 September 2013, by directors of the Company:

Carlos Miguens, Chairman of the Company, bought 7,608,090 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 11.5 pence per Ordinary Share through a company of which he is the beneficial owner. Following the transaction, Mr Miguens is interested in 132,680,199 Ordinary Shares, representing 15.51 per cent. of the issued share capital of the Company.

Gonzalo Tanoira, the Company's Finance Director, bought 842,580 Ordinary Shares at a price of 11.5 pence per Ordinary Share through a company of which he is beneficiary. Following the transaction, Mr Tanoira is interested in 7,143,255 Ordinary Shares, representing 0.84 per cent. of the issued share capital of the Company.

- ENDS -

Enquiries:

Bill Humphries, CEO

Patagonia Gold Plc

Tel: +44 (0)20 7409 7444

David Bick / Mark Longson

Square 1 Consulting

+44 (0)20 7929 5599

Angela Hallett/James Spinney

Strand Hanson Limited

Tel: +44 (0)20 7409 3494

Rory Scott

Mirabaud Securities LLP

Tel: +44 (0)20 7484 3510