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08.05.2012
BONIFAZ GOLD PLC FILES ITS 2011 AUDITED FINANCIAL REPORT.
BONIFAZ GOLD PLC FILES ITS 2011 AUDITED FINANCIAL REPORT.

London, May 8th 2012. BONIFAZ GOLD PLC, (BOG2.F – WKN: A1H5HC) Luis Fernando Quiroga, CFO of BONIFAZ GOLD PLC has announced the filing of BG’s 2011 Audited Financial Report and financial highlights. The full details can be viewed in the company’s website. “I am very pleased to report per our audited financials total net shareholder equity of € 159,002,200 and after our February 2012 share consolidation current net shareholder equity of € 1.47 per share.

Oscar A. Bonifaz, CEO states, “We are very pleased to show our shareholders the financial substance of Bonifaz Gold Plc., with the release of our 2011 audited financial reports. We have many exciting things happening in 2012 for the Company. We commenced mining gold in November of 2011 and plan to soon begin delivering gold ore to the mill for processing. Furthermore we have recently done a further metallurgical test that has proven rich content of gold in the ore. The Company has committed to change its listing status on the Frankfurt Stock Exchange to the Entry Standard level this year and will soon have further news on this”. He added, “We look forward to continued success for our shareholders and will keep them informed of all events”.

BONIFAZ GOLD PLC (BG) is a British mining company with metallic and non-metallic operations and mineral deposits throughout Bolivia, South America. The Bonifaz Gold group has been operating since 1992 and used its knowledge, experience and resources to acquire and accumulate some of the richest gold and non‐metallic ore reserves in South America. The BG group currently has 44 mines in Bolivia, covering 10,670 hectares (26,366 acres) and representing approximately US$ 9 billion (€7 billion) of proved and probable reserves.

Further information can be found on the BONIFAZ GOLD PLC website at: www.BonifazGold.com or www.BonifazGold.de

Contact

IR-Contact Germany
Hans Joachim Bischoff
Telefon: +49 (0) 511 165 965 – 40, bischoff@st-ir.de

UK Business Address
BONIFAZ GOLD PLC
88 Wood Street, 10th Floor
London EC2V 7RS, United Kingdom

Registered Address in England and Wales

BONIFAZ GOLD PLC
Acre House, 11-15 William Road
London NW1 3ER, United Kingdom
U.K Company No. 07432940

Disclaimer:

This press release contains forward-looking statements based on beliefs of BONIFAZ GOLD PLC management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bonifaz Gold as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bonifaz Gold disclaims any intention or obligation to update these forward-looking statements.

The data on proved and probable reserves of minerals have been calculated and inferred based on multiple geological and metallurgical studies carried out by independent geologists and mining professionals and may not necessarily coincide with various classes of mineral resources as defined by the Canadian Institute of Mining (CIM).



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