Yukon Nevada Gold Corp T.YNG

How about another 36.4MM Shares?

[ResearchR1]

Vancouver, BC -- April 28, 2010 --

Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) Robert Baldock, President & CEO of Yukon-Nevada Gold Corp. (the "Company"), announces that the Company has negotiated a brokered private placement for gross proceeds of up to $10,010,000 with Byron Capital Markets (the "Agent") in which the Agent will use its best efforts to sell up to 36,400,000 flow-through common shares ("FT Shares") at
.275 per FT Share in the capital stock of the Company.

Yukon-Nevada Gold's President and Chief Executive Officer, Robert Baldock, commented, "This will enable us to continue exploration at the Ketza River project in the Yukon."

The Agent will receive a cash commission representing 7.5% of the gross proceeds of the sale of all but 6,550,000 (the "Excluded Shares") of the FT Shares. The Company will also issue share purchase warrants to the Agent on closing (the "Agent's Warrants") entitling the Agent to purchase additional common shares equal in number to 2.5% of aggregate number of FT Shares sold, less the Excluded Shares. The Agent's Warrants will entitle the Agent to purchase common shares at the price of
.275 per common share for a period of 24 months following the closing.

In accordance with securities legislation currently in effect, the FT Shares will be subject to "hold period" of four months plus one day from the date of issuance of the aforesaid securities.

Yukon-Nevada Gold Corp. is a North American gold producer in the business of discovering, developing and operating gold deposits. The Company holds a diverse portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia in Canada and in Nevada in the United States. The Company's focus has been on the acquisition and development of late stage development and operating properties with gold as the primary target. Continued growth will occur by increasing or initiating production from the Company's existing properties.

Yukon-Nevada Gold Corp.

[rehsupagem]

This capital increase shows that the "inducement warrants" were mispriced at 0.125 C$. Again, these "inducement warrants" were a rip-off of small shareholders and a nice goody for the major stakeholders.

[arthur7440]

Here It Is Again Dear Subscriber, April 28, 2010 Vancouver, BC - April 28, 2010 - Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) Robert Baldock, President & CEO of Yukon-Nevada Gold Corp. (the "Company"), announces that the Company has negotiated a brokered private placement for gross proceeds of up to $10,010,000

[arthur7440]

https://www.byroncapitalmarkets.com/ I Think We Have Heard This A Few Times Before, (("This will enable us to continue exploration at the Ketza River project in the Yukon.")) You would Think They Would Change The Story LOL Make's a Person Wonder We will soon have a Billion Shares and then a 1 for 10 Reverse Split The Only One's Making Money will be Insiders a Those That

[MrGRP]

OK just home from work and haven't read this or checked my emails .. how the hell can we as shareholders ever make money if they increase the shares by that much ??? or where do these shares come from ? the owners shares or add more shares to the already hugh amount of outstanding shares this company is now holding ??? Need some experience on this one .. Artie and Richard where are you ? now

[MrGRP]

Artie ... I have read yours and other long time shareholders posts for a long time .. just heard from Nicole and asked her about the down share ... she stated they are not looking at that but to grow into the shares as a company .. but this now makes me wonder ! how much more can they sell and how many more shares can they have outstanding with benefits before our shares are worth nothing ??? Yes

[MrGRP]

Arite . please translate this into English for a newbie to this company and Gold ... where do these shares come from ? does it add to the already too many shares in the company ? Ok alwayst the positve person but this and a few things like expanding 7 directors to 9 makes me wonder ...

[arthur7440]

please translate this into English for a newbie to this company and Gold ... where do these shares come from ? does it add to the already too many shares in the company ? Ok alwayst the positve person but this and a few things like expanding 7 directors to 9 makes me wonder ...  They Make more share/s to give Them   and yes this will and Does scare off  investors and the do

[arthur7440]

Ok alwayst the positve person but this and a few things like expanding 7 directors to 9 makes me wonder ...     They have 9 dicks  I vote for only 7    I think that 5 would have been enough  I wish I could back and change my vote,