Eagle Mountain Announces Non-Brokered Private Placement

Eagle Mountain Gold Corp. ("Eagle Mountain" or the "Company") (TSX VENTURE:Z)
(FRANKFURT:E9X1) (OTCQX:EMGCF) announces a non-brokered private placement of up
to 3,850,000 units ("Units") at a price of $0.065 per Unit, for total gross
proceeds of approximately $250,000. Each Unit shall consist of one common share
(a "Share") and one-half of one share purchase warrant (a "Warrant"). Each whole
Warrant entitles the holder to purchase one common share (a "Warrant Share") at
a price of $0.11 for a period of 2 years from the closing date of the private
placement. 


The proceeds of the private placement will be used to fund the advancement of
the Company's Eagle Mountain Project in Guyana, and for general working capital.
Completion of the private placement is a condition of the Company's agreement
for a business combination with Goldsource Mines Inc., announced on November 26,
2013.


The private placement is subject to TSX Venture Exchange acceptance.

This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "US Securities Act"), or any state securities laws and may not
be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


On behalf of The Board of Directors of Eagle Mountain Gold Corp.

Ioannis (Yannis) Tsitos, President, CEO & Director

This document contains certain forward looking statements which involve known
and unknown risks, delays, and uncertainties not under the corporations control
which may cause actual results, performance or achievements of the corporation's
to be materially different from the results, performance or expectation implied
by these forward looking statements.


Neither the TSX Venture Exchange nor its Regulation Services 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: 
Eagle Mountain Gold Corp.
Ioannis (Yannis) Tsitos
President, CEO & Director
[phone]
[phone] (FAX)
Toll Free: 1-866-437-9552 (North America)
1-416-489-0092 (Outside North America)


Eagle Mountain Gold Corp.
Suite 1220, Oceanic Plaza
1066 West Hastings Street
Vancouver, British Columbia V6E 3X1
[e-mail]
www.eaglemountaingoldcorp.com