Montr�al (Qu�bec), April 4th, 2008 - First
Gold Exploration Inc. (TSX Venture Exchange: EFG) ("First Gold") announce in accordance with
regulatory requirements, that �ric Leboeuf, CEO and Director of First Gold, has
recently acquired, directly or indirectly, 60,000 common shares of First Gold.
Prior to
such acquisition, Mr. Leboeuf held, directly or indirectly or had control over,
1,090,000 common shares and 50,000 warrants of First Gold, each warrant
entitling the holder to acquire one common share. In addition, First Gold has
granted to Mr. Leboeuf, 500,000 options to acquire 500,000 common share of
First Gold.
Mr. Leboeuf
currently holds or exercises control or direction over an aggregate of 1,150,000
common shares of First Gold which represent an interest of 7.06% of First Gold's
issued and outstanding capital at the date hereof on a non-diluted basis.
Assuming the exercise of all warrants and options held by him or over which he
has control or direction, Mr. Leboeuf will hold or exercise control or direction
over an aggregate of 1,700,000 common shares of First Gold, which represent an interest
of 10.09% of First Gold's issued and outstanding capital at the date hereof on
a partially diluted basis.
The securities
acquired by Mr. Leboeuf referred to above are held for investment purposes
only. These investments will be reviewed on a continuing basis and holdings may
be increased or decreased in the future.
�ric Leboeuf President
and Chief Executive Officer (514)
234-6488
For more information about First
Gold Exploration:
Agoracom
IR Hub
Home for First Gold: http://www.agoracom.com/ir/firstgoldexploration
Profile
for First Gold: http://www.agoracom.com/ir/firstgoldexplration/profile
Broker
Fact Sheet: http://www.agoracom.com/company/broker_fact_sheet/563067/Microsoft_powerpoint_-EFG-BFS-Feb25-08.pdf
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
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