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File: News Release - effictive date forconsolidation (AAX Nov2014).pdf

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                                               432 Royal Avenue
                                       Kamloops, British Columbia V2B 3P7


November 28, 2014                                                                                    TSX-V: AAX

                 ADVANCE GOLD CORP. ANNOUNCES 5:1 SHARE CONSOLIDATION

Advance Gold Corp. ("Advance Gold") announces that, further to its news releases of February 27,
2014, and May 2, 2014, and as approved by shareholders and accepted by the TSX Venture
Exchange, it will effect a consolidation of its issued securities on a five old for one new basis, subject to
adjustment as a result of fractional share rounding such that each fractional share resulting from the
consolidation that is less than one half of a share will be cancelled and each fractional share that is at
least one half of a share will be changed to one whole share. At the open of market on Monday,
December 1, 2014, the Company's common shares will commence trading on the TSX Venture
Exchange on a 5:1 post-consolidated basis under the Company's current trading symbol "AAX".

There is no change of name associated with the consolidation.

The Company's transfer agent will be mailing to registered shareholders a Letter of Transmittal for
shareholders to use to exchange existing share certificates for share certificates representing shares on
a consolidated basis. No action is required to effect consolidation of beneficially held securities by non-
registered shareholders, who hold securities of the Company through an intermediary or broker.

Details with respect to the proposed consolidation are included in the Information Circular dated March
27, 2014, which was prepared by Advance Gold's management and mailed to shareholders in
connection with the special meeting held on May 1, 2014. The Information Circular is electronically
filed with regulators and available for viewing under Advance Gold's issuer profile on the SEDAR
website at www.sedar.com.

For additional information, please contact:

James T. Gillis, Director
Telephone: (250) 574-5011

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 news release.

This news release contains certain statements that may be deemed "forward-looking statements. Forward looking
statements are statements that are not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions
--->,
or that events or conditions "will", "would", "may", "could" or "should" occur. Although Advance Gold Corp.
believes the expectations expressed in such forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual results or realities may differ materially from
those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions
of Advance Gold Corp.'s management on the date the statements are made. Except as required by law, Advance
                                                     -2-

Gold Corp. undertakes no obligation to update these forward-looking statements in the event that management's
beliefs, estimates or opinions, or other factors, should change.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO
U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE
AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED
HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED
UNDER THE UNITED STATED SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES
LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS
REGISTERED OR EXEMPT THEREFROM.
 

File: News Release - effictive date forconsolidation (AAX Nov2014).doc

 
432 Royal Avenue Kamloops, British Columbia  V2B 3P7

November 28, 2014          TSX-V: AAX
ADVANCE GOLD CORP. ANNOUNCES 5:1 SHARE CONSOLIDATION
Advance Gold Corp. ("Advance Gold") announces that, further to its news releases of February 27, 2014, and May 2, 2014
--->, and as approved by shareholders and accepted by the TSX Venture Exchange, it will effect a consolidation of its issu
--->ed securities on a five old for one new basis, subject to adjustment as a result of fractional share rounding such tha
--->t each fractional share resulting from the consolidation that is less than one half of a share will be cancelled and e
--->ach fractional share that is at least one half of a share will be changed to one whole share. At the open of market on
---> Monday, December 1, 2014, the Company's common shares will commence trading on the TSX Venture Exchange on a 5:1 post
--->-consolidated basis under the Company's current trading symbol "AAX".
There is no change of name associated with the consolidation.
The Company's transfer agent will be mailing to registered shareholders a Letter of Transmittal for shareholders to us
--->e to exchange existing share certificates for share certificates representing shares on a consolidated basis.  No acti
--->on is required to effect consolidation of beneficially held securities by non-registered shareholders, who hold securi
--->ties of the Company through an intermediary or broker.  
Details with respect to the proposed consolidation are included in the Information Circular dated March 27, 2014, whic
--->h was prepared by Advance Gold's management and mailed to shareholders in connection with the special meeting held on 
--->May 1, 2014.  The Information Circular is electronically filed with regulators and available for viewing under Advance
---> Gold's issuer profile on the SEDAR website at www.sedar.com.
For additional information, please contact:
James T. Gillis, Director Telephone: (250) 574-5011
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 news release.
This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statemen
--->ts are statements that are not historical facts and are generally, but not always, identified by the words "expects", 
--->"plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that e
--->vents or conditions "will", "would", "may", "could" or "should" occur. Although Advance Gold Corp. believes the expect
--->ations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guara
--->ntees of future performance and actual results or realities may differ materially from those in forward looking statem
--->ents. Forward looking statements are based on the beliefs, estimates and opinions of Advance Gold Corp.'s management o
--->n the date the statements are made. Except as required by law, Advance Gold Corp. undertakes no obligation to update t
--->hese forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, shoul
--->d change.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMI
--->NATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE
---> SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER T
--->HE UNITED STATED SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN T
--->HE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.