Reunion Gold Corporation Completes Early Warrant Exercise Incentive Program

Reunion Gold Corporation (TSX VENTURE:RGD) (the "Corporation") is pleased to
announce that a total of 6,112,500 of the warrants issued in January and
February 2004 (the "2004-Warrants") were exercised during the previously
announced Incentive Program for gross proceeds of $7,640,625.  A total of
3,056,250 new warrants were issued to those warrantholders who exercised their
2004-Warrants during the Incentive Program.  Each new warrant entitles the
holder thereof to acquire one additional common share of the Corporation at an
exercise price of $1.50 for a period of two years from the date of issuance. 
The Corporation was assisted in the warrant exercise program by Dundee
Securities Corporation.


Following completion of the program, the Corporation has 46,969,316 common
shares issued and outstanding, 11,439,915 warrants outstanding at an exercise
price of $1.25 per share, expiring at various dates from December 2008 to
January 2009, 3,056,250 warrants outstanding at an exercise price of $1.50 per
share, expiring at various dates in December 2009, and 3,570,000 stock options
at an exercise price varying between $0.20 and $2.15 and expiring by March 2012.


Additional information about the Corporation is available through regular
filings and press releases on SEDAR (www.sedar.com) and on the Corporation's
website (www.reuniongold.com).