Adventure Gold Closes a Private Placement

Adventure Gold Inc. (TSX VENTURE:AGE) ("AGE", the "Corporation") announces the
closing of a non-brokered private placement offering (the "Offering"). In total,
the Company issued 1,025,000 flow-through shares at a price of $0.42 per share
for gross proceeds of $430,500.


In connection with the Offering, the Company didn't pay any finder's fee. All
securities issued in the Offering will be subject to a four month hold period
from the closing date ending on April 29, 2013. Directors and Officers of the
Company participated in the Offering for total proceeds of $73,500. The proceeds
of this offering will be allocated to exploration work on the properties of the
Company in Quebec.


Profile

The Corporation is a mineral exploration company focused on discovering and
developing high-quality gold deposits in the Abitibi region located in eastern
Canada - one of the richest gold mines areas in the world. The Corporation has
become, in a few years, an important player in the mining exploration industry
with one of the best portfolio of exploration properties along the main
gold-bearing structures of the Abitibi Greenstone Belt. The Company is exploring
mainly close to gold mines where the mining production infrastructures are
already existent, which distinguishes it from several other exploration
companies. The Corporation's exploration team are mining professionals having
worked previously for well-established producing companies and understand the
industry challenges. The Corporation owns 100% of the rights on its three main
projects namely: Val-d'Or East, Detour Quebec and Casa-Cameron. The Val-d'Or
East flagship project encompasses the Pascalis-Colombiere property where Cambior
Inc. (now IAMGOLD) was producing gold between 1989 and 1993 at the Beliveau
Mine. Close to the former mine, the Corporation recently discovered a
significant new gold system and works actively in its development. As disclosed
in its latest financial statements, the Corporation is well financed to apply
its business plan.




Follow Adventure Gold Inc. on:                                              
                                                                            
http://www.adventure-gold.com/                                              
Twitter: http://twitter.com/#!/Adventure_AGE                                
LinkedIn: http://www.linkedin.com/company/2253943                           



FOR FURTHER INFORMATION PLEASE CONTACT: 
Marco Gagnon
President & CEO
marco@adventure-gold.com
450.743.5527

Adventure Gold Inc. (TSXV:AGE)
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