Additional Listing

Patagonia Gold Plc

("Patagonia Gold" or the "Company")

Additional Listing

Patagonia Gold announces that application has been made for the admission of 1,111,111 new ordinary shares of 1p each in the Company ("New Ordinary Shares") to trading on AIM, The New Ordinary Shares, which will rank pari passu in all respects with the Company's existing ordinary shares, have been allotted to certain of the Company's advisers in lieu of cash payments.

It is expected that admission will occur at 8.00 a.m. on 12 February 2015. Following admission of the New Ordinary Shares, the total number of voting rights in the Company's ordinary shares will be 1,047,713,434. The Company does not hold any ordinary shares in treasury.

Enquiries:

Bill Humphries, Managing Director

Patagonia Gold Plc

Tel: +44 (0)20 7409 7444

Angela Hallett/Stuart Faulkner

Strand Hanson Limited

Tel: +44 (0)20 7409 3494