September 18, 2009
SearchGold Completes a $372,000 Financing
MONTREAL, QUEBEC--(Marketwire - Sept. 18, 2009) - SearchGold Resources Inc. ("SearchGold" or "the Company") (TSX VENTURE:RSG)(FRANKFURT:S10) is pleased to announce the completion of a $372,000 private placement. The Company will issue 372 units at a cost of $1,000 per unit. Each Unit includes 40,000 common shares of the Company at a price of $0.025 per share and 20,000 common share purchase Warrants. Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.05 at any time during the 12-month period from the Closing Date. The shares to be issued are subject to a 4 month minimum hold period. In connection with this private placement, a finder's fee will be paid out to the following : - Loeb Aron & Company Limited : $20,000 and 800,000 Finder's warrants; - Lightyear Capital Inc.: $17,200 and 688,000 Finder's warrants. Each Finder's Warrant shall be exercisable into 1 common share at a price of $0.05 per share for a period of 12 months from the closing date. This financing is subject to the approval of the TSX Venture Exchange. The Company will provide its shareholders with project updates in the coming days. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

SearchGold Resources Inc.
Philippe Giaro, President & CEO
32-473-52-30-29
phgiaro@skynet.be

or

SearchGold Resources Inc.
Denis Tremblay, Vice-President
1-514-866-4224
info@searchgold.ca
www.searchgold.ca

INDUSTRY: Manufacturing and Production - Mining and Metals

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Searchgold Resources Inc

Searchgold is a gold exploration company based in Canada.

Searchgold holds various exploration projects in Gabon.

Its main exploration properties are MANDIANA in Guinea, BOOUÉ - MIMONGO and BAKOUDOU - MAGNIMA in Gabon and DOU - TAOUREMBA, ZITENGA II, GUEGUERE and ARAE-GASSEL in Burkina Faso.

Searchgold is listed in Canada. Its market capitalisation is CA$ 1.6 millions as of today (US$ 1.4 millions, € 1.1 millions).

Its stock quote reached its lowest recent point on December 24, 2008 at CA$ 0.01, and its highest recent level on March 19, 2010 at CA$ 0.72.

Searchgold has 32 835 000 shares outstanding.

Legends
	Production
	Mine development
	Discovery
	Exploration
	Past producer
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Completes a $372,000 Financing