Jet Gold Arranges Private Placement

    




 VANCOUVER, June 29, 2012 /CNW/ - JetGold Corp.  (the "Company") announced today a non-brokered Private  Placement consisting of up to 1,250,000 shares of the Corporation (the  "Shares") at a price of $0.06 per share for gross proceeds of $75,000.  The proceeds of the financing will be used for general working capital. 

 The Corporation may pay a finder's fee to certain introducing parties in  respect of the Private Placement, subject to compliance with applicable  securities legislation and TSX Venture policies. The Private Placement  is subject to the approval of the TSX Venture Exchange Inc. 

 JetGold is a Canadian resource exploration company actively developing gold,  silver, iron ore, and tellurium mineral resource properties in British  Columbia, Canada. The company is currently undertaking exploration of  its gold property [Big Hammer] and is intending to undertake a ground  exploration program summer 2012 on its iron ore property [Nadina]. 

  





    Big Hammer        Gold/Silver/Tellurium (Au/Ag/Te) property located 13
                      km southeast of Terrace

    Nadina            Iron ore (Fe) property located in west central BC

                       






 JetGold is strategically investing in the Terrace and Smithers region of  British Columbia, encouraged by the excellent road access and close  proximity to abundant power, water, CN Rail lines, and the deep water  container port at Prince Rupert.  The Fairview Terminal at Prince  Rupert is an important part of the Government of Canada's "Asia-Pacific Gateway & Corridor Initiative" and the Province of British Columbia's "Pacific Gateway" strategy. 

 Additional information can be found at: www.jetgoldcorp.com 

 On behalf of the Board of Directors, 

 Jet Gold Corp.  

 "Brad J. Moynes"  

 Brad J. Moynes 

 President & CEO 

Jet Gold Corp.


CONTACT:  www.jetgoldcorp.com 


    

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