November 7, 2007
Vancouver, BC - November
7, 2007 -- Yukon-Nevada Gold Corp. (TSX: YNG; Frankfurt Xetra Exchange:
NG6). Today announced that an aggregate of
21,175,932 common share purchase ("Warrants") of the Company were
listed and posted for trading at the opening of today's market under the
98849Q 11 9
Designated Market Maker: Byron Securities Ltd.
Each Warrant entitles the holder to purchase one common share of the
Company at a price of $3.00 on or before 4p.m. PST on June 20, 2012.
The Warrants were issued on June 20, 2007, upon the completion of the Plan
of Arrangement between the Company and Queenstake Resources Ltd.
The Warrants will be governed by the terms of a warrant indenture
between the Company and Pacific Corporate Trust Company, as warrant agent.
The warrant indenture provides for the appropriate adjustments to the
Warrants in the event of stock dividends, subdivision, consolidation and
other forms of capital reorganization.
Yukon-Nevada Gold Corp.
Sanches, Manager, IR
Tel: (604) 688-9427
CHF Investor Relations
Jeanny So, Broker Relations Specialist
Tel: (416) 868-1079 ext. 225
The TSX Exchange 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.
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� Yukon-Nevada Gold Corp.