Tyhee Announces the Completion of One Non-Brokered Unit Private Placement; Initiates New Placement

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES

Tyhee Gold Corp. (TSX VENTURE:TDC) (the "Company") is pleased to announce that,
further to its news release of August 14, 2013, the Company raised $600,000
through the sale of two-and-one-half units (the "Units") at $240,000 per Unit
(the "Offering"). Each whole Unit consists of 4,000,000 common shares (the
"Shares") and 4,000,000 common share purchase warrants (the "Warrants"),
resulting in the issuance by the Company of 10,000,000 Shares and 10,000,000
Warrants. Each Warrant will entitle the holder to purchase a further common
share of the Company (the "Warrant Shares") at a price of $0.10 per Warrant
Share within 24 months of the date of issuance. The Offering was completed in
four tranches:




----------------------------------------------------------------------------
                                              Shares  Warrants Expiration of
Tranche                           Proceeds    Issued    Issued   Hold Period
----------------------------------------------------------------------------
First       August 15,    1 Unit  $240,000 4,000,000 4,000,000  December 16,
                  2013                                                  2013
Second   September 17,  3/4 Unit  $180,000 3,000,000 3,000,000   January 18,
                  2013                                                  2014
Third    September 23,  1/4 Unit   $60,000 1,000,000 1,000,000   January 24,
                  2013                                                  2014
Fourth     October 16,  1/2 Unit  $120,000 2,000,000 2,000,000  February 17,
                  2013                                                  2014
----------------------------------------------------------------------------



Due to securities regulations, this offering was required to be closed by
October 16, 2013. The Company has subsequently decided to proceed with a new
non-brokered private placement of up to ten (10) units of the Company (the
"Units") under the same terms and conditions of the previous placement as noted
above. Again, all securities sold in this private placement will be subject to a
4-month hold period from closing and this private placement is subject to the
approval of the TSX Venture Exchange. 


The funds from the recently closed as well as the new private placement will be
used to advance Tyhee's Yellowknife Gold Project, an advanced stage wholly-owned
gold project in the development and permitting stage, as well as for general
corporate purposes.


Neither the 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.


All statements in this news release, other than statements of historical facts,
that address events or developments that the Company expects to occur are
"forward-looking statements". Forward-looking statements are necessarily based
on estimates and assumptions that are inherently subject to known and unknown
risks, uncertainties and other factors that may cause the Company's actual
results, performance or achievements to be materially different from those
expressed or implied by such forward-looking statements. Forward-looking
statements are not guarantees of future performance, and actual results and
future events could materially differ from those anticipated in such statements.
Factors that may cause actual results to vary from those made in the forward
looking statements described in this document include: changes in general
economic conditions and conditions in the financial markets; changes in demand
and prices for minerals; delays in obtaining approvals, litigation, legislative,
environmental and other judicial, regulatory, political and competitive
developments; delays in completion of work necessary to complete the feasibility
study, whether as a result of adverse weather conditions, contract or labour
disputes, equipment failure, or response to regulatory enquiries in respect of
permit applications; technological and operational difficulties encountered in
connection with the activities of the company. This list is not exhaustive of
the factors that may affect the forward looking statements. These and other
factors should be considered carefully and readers should not place undue
reliance on the companies' forward-looking information. The Company expressly
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, events or otherwise, except
in accordance with applicable securities laws. 


This news release does not constitute an offer to sell or a solicitation of an
offer to sell any of the securities in the United States. The securities have
not been and will not be registered under the United States Securities Act of
1933, as amended (the "U.S. Securities Act") or any state securities laws and
may not be offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Greg Taylor
GT Investor Relations Inc.
O: 905 337-7673 C: 416 605-5120
gtaylor@tyhee.com


Brian Briggs
President - Tyhee Gold
T: 604 681-2877
info@tyhee.com
Tyhee Gold Corp. (TSXV:TDC)
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