Mr. David Quinlivan reports

ALACER GOLD ANNOUNCES DECISION TO PURSUE SALE OF AUSTRALIAN ASSETS

Alacer Gold Corp. has initiated a process to pursue a sale of its Australian assets. David Quinlivan, president and chief executive officer of Alacer, stated: "Alacer has recently received confidential, non-binding expressions of interest from several parties interested in purchasing its Australian assets. The sale of the Australian assets would enable the company to focus on its high-margin operations and exploration activities at its world-class Copler mine in Turkey."

The timing and outcome of any sale are uncertain. Alacer will keep the market informed of material developments.

We seek Safe Harbor.