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Warrants Alert

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Address: 540 - 688 Hastings St W
Vancouver BC V6B 1P1
Phone: 604 688 9427
Fax: 604 688 9426
Website - http://www.yukon-nevadagold.com
 
Warrant Symbol - YNG.WT
Number Trading - 21,175,932
Expiration Date - June 20, 2012
Cusip - 98849Q 11 9
Exercise Price - $3.00

Warrants called to trade news:
 
Yukon-Nevada to list 21,175,932 warrants on Nov. 7
 
2007-11-05 18:28 MT - Warrants Called to Trade
TSX bulletin 2007-1559
A total of 21,175,932 common share purchase warrants of Yukon-Nevada Gold Corp. will be listed and posted for trading at the open on Wednesday, Nov. 7, 2007, under the following trading information:
 
Warrant symbol:  YNG.WT
Cusip No.:  98849Q 11 9
Trading currency:  Canadian dollars
Designated market-maker:  Byron Securities Ltd.
Other markets:  None
 
The warrants were issued on June 20, 2007, upon the completion of the plan of arrangement between the company and Queenstake Resources Ltd. that resulted in the automatic exercise of 42,351,864 subscription receipts originally issued on May 30, 2007, and June 12, 2007. The receipts were issued pursuant to a private placement at $1.80 per receipt, each receipt exercisable with no further consideration into one common share and one-half of a warrant. Each whole warrant entitles the holder to purchase one common share at a price of $3 at any time until 4 p.m. (Vancouver time) on June 20, 2012.

The warrants will be governed by the terms of a warrant indenture between the company and Pacific Corporate Trust Co., as warrant agent. The warrant indenture will provide for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

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