Mr. James Atkinson reports

ADVANCED GOLD ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Advanced Gold Exploration Inc. (formerly, Advance United Holdings Inc.) has closed the first tranche of its non-brokered private placement through the issuance of 1.25 million units at a price of five cents per unit for aggregate gross proceeds of $62,500.

Each unit shall be composed of one common share in the capital of the company and one common share purchase warrant of the company. Each warrant shall entitle the holder thereof to acquire one common share at a price of five cents per common share for a period of five years from the date of issuance.

All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The net proceeds from the sale of the units will be used for general working capital purposes.

About Advanced Gold Exploration Inc.

In light of its recent name change, Advanced Gold is focusing its attention on gold. It believes that the future of gold is strong, and it will be part of that future. It is bringing an entirely different approach to the mining industry. It does not want to mine, but rather, it has acquired a portfolio of undervalued gold properties and is increasing their value through the application of modern technology. It has a growing pipeline of similar properties that it is looking to acquire.

It is involved exclusively in the acquisition and advancement of past projects -- with no intent to bring them back into production itself. That it will leave to others which are expert in these areas. Its expertise is in identifying and acquiring undervalued properties with significant historical work, which were uneconomic at the time, but it believes have economic value at today's prices.

It finances the development of reworking historic data and applying modern technology to underwrite new qualified reports, and document quantifiable resources and reserves to current standards, thereby recognizing and realizing the current value.

Its purpose is to bring immediate and long-term value to its partners and shareholders while seeking to reduce risk by working with experts.

We seek Safe Harbor.