Colombian Mines Corporation (TSX VENTURE:CMJ)(FRANKFURT:X6C) ("Colombian Mines"
or the "Company") is pleased to announce that International Finance Corporation
("IFC") has proposed to make an initial investment of up to $1.5 million dollars
in Colombian Mines by means of a non-brokered private placement, subject to
regulatory approval and approval by the boards of directors of Colombian Mines
and IFC. 


The placement will consist of up to 5,000,000 units (the "Units") at a price of
$0.30 per Unit for gross proceeds of up to $1.5 million dollars. Each Unit will
consist of one common share of stock and one full share purchase warrant. Each
full warrant will be exercisable for one additional share of the Company's
common stock for five years at a conversion price equal to $0.45 per share.
Shares will be subject to a mandatory 4 month hold period.


IFC will be seeking board approval for an investment of up to C$5.5 million
dollars to facilitate participation in subsequent rights issues and warrant
exercises. Widely recognized as a long term investor with a focus on helping to
bring properties to production, IFC brings strong support at all project levels,
especially health, safety, environmental and social. The Company's management
looks forward to beginning a long-term partnership with IFC that will draw
heavily on their global environmental and social expertise.


About IFC: IFC, a member of the World Bank Group, is the largest global
development institution focused exclusively on the private sector. In fiscal
year 2013, IFC investments climbed to an all-time high of nearly $25 billion.
For more information, visit www.ifc.org.


Use of Funds: Funds will be used primarily to expand upon the highly successful
Phase I drilling program at the high grade El Dovio gold - polymetallic project
and to advance the high grade Mercedes gold - silver project to a "drill ready"
status. 


About Colombian Mines Corporation: Colombian Mines Corporation is an aggressive
exploration and development stage company with a distinct "first mover"
advantage in Colombia. Focused on developing shareholder value through
exploration and development of key projects, the Company is also one of
Colombia's leading "prospect generators". Further information can be found on
our website at www.colombianmines.com.


Robert G. Carrington, President & CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


Forward-Looking Statement 

Some of the statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of Colombian
Mines Corporation. Actual results may differ materially from those currently
anticipated in such statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Colombian Mines Corporation
Sharon Hebgin
Corporate Communications
(604) 649-9195 - Canada
(760) 668-7211 - United States
shebgin@colombianmines.com


Colombian Mines Corporation
Dave Cross
Chief Financial Officer and Corporate Secretary
(604) 558-4300
dcross@crossdavis.com
www.colombianmines.com

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