Dear Subscriber,
April 10, 2008
Vancouver, BC - April 10, 2008 - Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) Graham Dickson, the President of Yukon-Nevada Gold Corp. (the "Company"), announces that the Company has negotiated a $20,000,000 non-brokered flow-through private placement to sell up to 10,000,000 flow-through common shares ("FT Shares") at $2.00 per FT Share in the capital stock of the Company. Yukon-Nevada Gold's President and Chief Executive Officer, Graham C. Dickson, commented, "This will enable us to fast-track exploration at the Silver Valley project in the Yukon and will also free up cash for a possible expansion of mining activities at Jerritt Canyon in Nevada." In accordance with securities legislation currently in effect, the FT Shares will be subject to "hold period" of four months plus one day from the date of issuance of the aforesaid securities.
Yukon-Nevada Gold Corp. Nicole Sanches, Manager, IR Tel: (604) 688-9427 Email: nicole@yngc.ca www.yukon-nevadagold.com
CHF Investor Relations Jacqueline Wagenaar, Associate Account Manager Tel: (416) 868-1079 ext. 289 Email: jacqueline@chfir.com www.chfir.com
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
WARNING: The Company relies upon litigation protection for "forward-looking" statements.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Send to friend | Update Your Account | | � Yukon-Nevada Gold Corp.
Yukon-Nevada is a gold development stage company based in Canada.
Yukon-Nevada holds various exploration projects in Canada.
Its main assets in production are JERRITT CANYON MINE, JERRITT CANYON, JERRITT CANYON-MURRAY, JERRITT CANYON - MURRAY ZONE 9, JERRY CANYON - SSX, JERRY CANYON - EAST SMITH, JERRY CANYON - SAVAL, JERRY CANYON - STARVATION, JERRY CANYON - WRIGHT WINDOW, JERRITT CANYON STOCKPILES, JERRY CANYON - UG RESOURCES, JERRY CANYON - SMITH and JERITT CANYON - PIT RESOURCES in USA, its main asset in development is KETZA RIVER MANTO ZONE in Canada and its main exploration properties are WOLF PROPERTY, MONEY CLAIMS, SILVER VALLEY PROPERTY, KETZA - SHAMROCK ZONE and KETZA RIVER in Canada.
Its stock quote reached its lowest recent point on December 12, 2008 at CA$ 0.02, and its highest recent level on February 12, 2013 at CA$ 2.95.
Yukon-Nevada has 930 644 000 shares outstanding.