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Published on 5/2/2008 in the Prospect News PIPE Daily.

New Issue: Yukon-Nevada Gold pockets C$20.1 million from private placement of shares

By Devika Patel

Knoxville, Tenn., May 2 - Yukon-Nevada Gold Corp. said it completed a C$20.1 million non-brokered private placement of stock. The deal priced for C$20 million on April 10.

The company sold 10.05 million flow-through shares at C$2.00 apiece. It had planned to sell only 10 million shares.

Yukon-Nevada is a Vancouver, B.C.-based mineral exploration company.

Issuer:Yukon-Nevada Gold Corp.
Issue:Flow-through common shares
Amount:C$20.1 million
Shares:10.05 million
Price:C$2.00
Warrants:No
Agent:Non-brokered
Pricing date:April 10
Settlement date:May 2
Stock symbol:Toronto: YNG
Stock price:C$1.75 at close April 10

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