Suparna Gold Applies for Amendments to Terms of Warrants

Suparna Gold Corp. (the "Company") (TSX VENTURE:SUG) announces that it has made
application to the TSX Venture Exchange (the "Exchange") to re-price and to
extend the term of 16,666,667 common share purchase warrants (the "Warrants")
that were issued under the Company's private placement of units completed on
June 30, 2011. The Warrants that are the subject of the application have an
exercise price of $0.50 per common share and are set to expire on June 30, 2012.
Insiders of the Company hold less than 1% of these Warrants. The Company has
applied for consent to reduce the exercise price from $0.50 to $0.40 per common
share and to extend the term of the Warrants from one (1) year to two (2) years
from the date of original issuance of the Warrants in accordance with Exchange
policies.


The Company also announces that Mr. Riaz Sumar has resigned as a director of the
Company. The Company would like to thank Mr. Sumar for his services to the
Company and wishes him the best in his future endeavours.