Change of Broker

1 July 2016

Patagonia Gold Plc

("Patagonia Gold" or the "Company")

Change of Broker

Patagonia Gold announces that it has appointed Strand Hanson Limited, the Company's Nominated Adviser, as its Broker with immediate effect.

For more information, please contact:

Christopher van Tienhoven, Chief Executive Officer

Patagonia Gold Plc

Tel: +54 911 5278 6950

Richard Tulloch / Ritchie Balmer

Strand Hanson Limited

Tel: +44 (0)20 7409 3494