NV Gold Closes $670,000 Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. 

NV Gold Corporation (TSX VENTURE:NVX) (the "Company") announced today that it
has closed the private placement (the "Placement") originally announced April 3,
2014 for proceeds of $670,000.


The Placement was oversubscribed and the Company increased the offering to
6,700,000 units (the "Units) at $0.10 per Unit. Each Unit consists of one Share
and one-half of one Warrant exercisable at CDN$0.20 per share until April 28,
2017. The expiry date of each Warrant is subject to acceleration such that,
should the volume weighted average price of the common shares of the Company
exceed CDN$0.30 for twenty consecutive trading days, the Company may notify the
holder in writing that the Warrants will expire 20 trading days from receipt of
such notice unless exercised by the holder before such date.  


The Units and any shares of the Company issued on exercise of the Warrants
forming part of the Units are subject to a hold period expiring on August 29,
2014.


On behalf of the Board of Directors,

John E. Watson, President and CEO

For further information, visit the Company's website at www.nvgoldcorp.com. 

Neither the TSX Venture Exchange nor its Regulation Service 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: 
NV Gold Corporation
John E. Watson
President and CEO
303.674.9400
[e-mail]
www.nvgoldcorp.com