Adventure Gold Closes $923,000 Private Placement

Adventure Gold Inc. (TSX VENTURE: AGE) (the "Company") announces the closing of
a private placement totaling 5,429,411 units at a price of $0.17 per Unit (the
"Units"), for total proceeds of $922,999.87 (the "Offering").


Each Unit consists of one (1) common share of the Company (a "Share") and one
half (1/2) of one share purchase warrant (each full warrant, a "Warrant"). Each
Warrant entitles the holder to acquire one (1) common share of the Company at a
price of $0.25 per share for a period of eighteen (18) months ending December
12, 2015.


In connection with the Offering, the Company paid finders' fees totaling $37,680
and issued, as additional remuneration, 102,117 non-transferable warrants
entitling the holder to acquire the same number of common shares of the Company
at a price of $0.17 per share for a period of eighteen (18) months ending
December 12, 2015.


In connection with the Offering, the Fonds de solidarité FTQ and the Fonds
régional de solidarité FTQ Abitibi-Témiscamingue participated in the
financing for an amount of $400,000 and $ 75,000 respectively.


The Offering is subject to the final approval of the TSX Venture Exchange. The
securities issued in connection with the Offering are subject to a four months
hold period ending October 13, 2014.


Profile

Adventure Gold Inc. 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 mining areas in the world. Adventure Gold has
become, in a few years, an important player in the mineral exploration industry
with one of the best portfolios of exploration properties along the main
gold-bearing structures of the Abitibi Greenstone Belt. The Company is exploring
mainly close to gold mines where mining production infrastructure is already in
place, which distinguishes it from several other exploration companies.
Adventure Gold's exploration team consists of mining professionals having worked
previously for well-established producing companies, who understand industry
challenges. The Company owns 100% of the rights on its two main projects namely:
Val-d'Or East and Detour Quebec. The Val-d'Or East flagship project encompasses
the Pascalis-Colombiere property where Cambior Inc. (now IAMGOLD) produced gold
between 1989 and 1993 at the Beliveau Mine. Close to the former mine, Adventure
Gold recently discovered a significant new gold system containing 770,000 gold
ounces at 2.63 g/t in the inferred resource category (SGS Canada Inc., NI 43-101
Technical Report Mineral Resource Val-d'Or East Property filed on Jan. 4th,
2013) and is actively working on its development. With a total of 74.0M shares
issued and close to 10% owned by the management, Adventure Gold is
well-positioned to benefit its shareholders.


Twitter: http://twitter.com/Adventure_AGE 
LinkedIn: http://www.linkedin.com/company/2253943

The foregoing information may contain forward-looking statements and events
relating to the future performance of the Company. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially. These risks and
uncertainties are detailed from time to time in the Company's filings with the
appropriate regulatory authorities. We seek safe harbour.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.



FOR FURTHER INFORMATION PLEASE CONTACT: 

For more information, please contact:

Marco Gagnon 
President & CEO
marco@adventure-gold.com
450.743.5527 
www.adventure-gold.com

Adventure Gold Inc. (TSXV:AGE)
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