Yukon Nevada Gold Corp T.YNG

Did Anyone Else Get A Dear Letter??

[arthur7440]

Dear Arthur,

Please find attached to this email our shareholder approval letter for you to sign and return to our office. It pertains to the issuance of inducement warrants announced on September 29, 2009 which is also attached to this email for you to review.

Please let me know if you have any questions.

Kind regards,

~Nicole Sanches

Nicole Sanches

Investor Relations Manager

_________________________________

490 - 688 West Hastings Street

Vancouver, BC V6B 1P1

Ph: 604.688.9427 Fx: 604.688.9426

www.yukon-nevadagold.com

[arthur7440]

        September 30, 2009Dear ARTHUR :Re: Yukon-Nevada Gold Corp. (the "Company")Inducement WarrantsThe Company proposes to raise additional working capital by inducing the subscribers of its privateplacement which closed in August 2009 to exercise up to an aggregate of 41,050,000 warrants (the“Existing Warrants”). The Existing Warrants have an expiry

[romara]

Artie et al, I'm in Halifax this weekend, and I should be back home in the middle of the coming week......and I appreciate your posting of this letter about the inducements. I only wish they would give the existing share holders warrants with the terms they are offering. There is quite a few of us that have been around here for a long time. When I get back, I will be calling the CEO and asking

[wideboy99]

Stockholders cannot agree without knowing that. What are they agreeing to? Just the $1.25M from Embry? What if the mill opens and the stock goes back  above twenty pence?