Mr. Steve Roebuck reports

AVIDIAN GOLD ANNOUNCES NON-BROKERED $2.5M PRIVATE PLACEMENT

Avidian Gold Corp. has arranged a private placement of units of the company at 10 cents per unit for gross proceeds of up to $2.5-million. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire a common share at 14 cents per common share for 24 months following the issuance of warrants.

The net proceeds from the offering shall be primarily used for the development of Avidian's mineral properties and for general and administrative expenses.

The offering is conditional upon receipt of required regulatory approvals, including the approval of the TSX Venture Exchange. The securities issued pursuant to the offering, as well as any compensation options issued to finders, will be subject to a four-month-and-a-day statutory hold period in accordance with applicable Canadian securities laws.

About Avidian Gold Corp.

Avidian brings a disciplined and veteran team of project managers together with a regional-scale advanced-stage gold-copper exploration portfolio in Alaska.

Avidian is the majority owner of High Tide Resources, a private company with an option on the Labrador West iron ore property and owns the base metal Strickland property and the Black Raven gold property, all located in Newfoundland and Labrador, Canada.

We seek Safe Harbor.