Threegold Adopts By-Law 2013-1 Incorporating an Advance Notice Provision for the Election of Directors and Announces Annual G...

Threegold Resources Inc (TSX VENTURE:THG) ("Threegold" or the "Corporation") is
pleased to announce the adoption by its board of directors (the "Board") of
By-Law 2013-1 providing for an amendment to its By-Laws.


By-Law 2013-1 includes a provision that requires advance notice to the
Corporation in circumstances where nominations of persons for election to the
Board are made by shareholders of the Corporation other than pursuant to (i) a
requisition to call a shareholders meeting made pursuant to the provisions of
the Business Corporations Act (Quebec) (the "QBCA"), or (ii) a shareholder
proposal made pursuant to the provisions of the QBCA (the "Advance Notice
Provision").


Among other things, the Advance Notice Provision fixes a deadline by which
holders of record of common shares of the Corporation must submit director
nominations to the Corporation prior to any annual or special meeting of
shareholders and sets forth the information that a shareholder must include in
the notice to the Corporation for the notice to be in proper written form.


In the case of an annual meeting of shareholders, notice to the Corporation must
be made not less than thirty (30) nor more than sixty (65) days prior to the
date of the annual meeting, provided, however, that in the event that the annual
meeting is to be held on a date that is less than 40 days after the date on
which the first public announcement of the date of the annual meeting was made,
notice may be made not later than the close of business on the tenth (10th ) day
following such public announcement.


In the case of a special meeting of shareholders (which is not also an annual
meeting), notice to the Corporation must be made not later than the close of
business on the fifteenth (15th) day following the day on which the first public
announcement of the date of the special meeting was made. 


The Advance Notice Provision provides a clear process for shareholders to follow
to nominate directors and sets out a reasonable time frame for nominee
submissions along with a requirement for accompanying information. The purpose
of the Advance Notice Provision is to treat all shareholders fairly by ensuring
that all shareholders, including those participating in a meeting by proxy
rather than in person, receive adequate notice of the nominations to be
considered at a meeting and can thereby exercise their voting rights in an
informed manner. In addition, the Advance Notice Provision should assist in
facilitating an orderly and efficient meeting process.


By-Law 2013-1 will be effective only if it is confirmed by the shareholders at
the next annual and special meeting of shareholders of the Corporation scheduled
for June 20, 2013. A copy of By-Law 2013-1 may be consulted under the
Corporation's profile at www.sedar.com.


Further, we would like to announce the Corporation's Annual General Meeting
which is scheduled for the 20th of June 2013 and which will be held at the St.
James Club at 9:30am. Shareholders are encouraged to attend.


Threegold will no longer proceed with the previously announced $450,000CAD
financing by way of private placement as it is currently exploring and
entertaining alternative debt financing structures.


About Threegold 

Threegold has established itself as one of the premier exploration companies in
Quebec. The Corporation has a highly qualified technical team with extensive
exploration experience, including previous gold discoveries in Quebec, and a
management team with financing and public Corporation expertise.


Threegold offers investors a portfolio of high-quality exploration projects
focussing on Canadian assets primarily in Quebec; and the potential to create
shareholder wealth through discoveries of new, low-cost multi-million ounce gold
deposits 


Threegold's strategy is to mitigate shareholder risk through partnerships with
the likes of Bowmore Exploration.


You can also visit our website : www.threegold.ca

CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION 

This news release contains certain forward looking statements that involve risks
and uncertainties, such as statements of Threegold's plans, objectives,
strategies, expectations and intentions. The words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and
similar expressions, as they relate to Threegold, or its management, are
intended to identify such forward looking statements. Many factors could cause
Threegold's actual results, performance or achievements to be materially
different any future results, performance or achievements that may be expressed
or implied by such forward looking statements. The forward looking statements
included in this press release represent Threegold's views as of the date of the
release. While Threegold anticipates that subsequent events and developments may
cause its views to change, it specifically disclaims any obligation to update
these forward looking statements, except in accordance with applicable
securities laws. Accordingly, readers are advised not to place undue reliance on
forward looking information. All subsequent written and oral forward looking
statements attributable to Threegold or persons acting on its behalf are
expressly qualified in their entirety by this notice. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mr. Victor Goncalves
President and CEO
Threegold Resources Inc.
[phone]
[e-mail]


Mr. Jorge Orellana
Investor Relations
Threegold Resources Inc.
[phone]
[e-mail]
www.threegold.ca