TORONTO, April 18, 2006 (PRIMEZONE) -- Yukon Gold Corporation, Inc. ("Yukon Gold") (TSX:YK) (OTCBB:YGDC), is pleased to announce that its common shares have been approved for listing and will begin trading on the Toronto Stock Exchange (TSX) effective April 19th, 2006. Yukon Gold will trade under the stock symbol "YK." Concurrent with this Canadian listing on the TSX, Yukon Gold's common shares will continue to trade in the United States on the Nasdaq OTC Exchange under the symbol "YGDC".
"Yukon Gold's successful listing on the TSX represents another step in the company's growth strategy," says Warren Holmes, Chairman of Yukon Gold. "In addition to increased company visibility and access to a potentially larger shareholder base, this milestone recognizes the asset value and viability of our Yukon projects."
About Yukon Gold
Yukon Gold Corporation, Inc. is an active and public junior exploration and development company, currently trading on the TSX symbol :"YK" and Nasdaq OTCBB symbol:"YGDC." The Company's main focus is its VMS deposit (Marg Property) and its Mount Hinton gold and silver exploration project in the Central Yukon Territory of Canada. These properties lie within the Tombstone Gold Belt, world renowned for the discovery of major gold and base metal deposits. Within immediate proximity to the Company's projects are a number of idle, former producing mines and drill indicated resources. Currently, there are approximately 16.3 million of the Company's common shares outstanding.
FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Except for statements of historical fact relating to the company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other ecological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.