Mr. Rob Bergmann reports

RELEVANT GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Relevant Gold Corp. has arranged a non-brokered private placement to raise gross proceeds of up to $2.5-million through the sale of up to 10 million units at the price of 25 cents per unit. Each unit consists of one common share of the company and one-half share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share of the company at a price of 35 cents for a period of 24 months from the date of issue.

The proceeds from the sale of the private placement will be used to finance exploration activities at the company's projects in Wyoming, United States, and for general working capital.

Certain directors and officers of the company may acquire securities under the private placement. Any such participation would be considered a related party transaction, as defined under Multilateral Instrument 61-101. The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of any shares issued to, nor the consideration paid by, such persons will exceed 25 per cent of the company's market capitalization.

The company may pay a finder's fee in connection with the private placement, and this financing is subject to the approval of the TSX Venture Exchange. All securities to be issued in the private placement will be subject to a four-month hold period from the closing date under applicable securities laws in Canada and, amongst other things, the receipt by Relevant Gold of all necessary regulatory approvals, including exchange approval. The company anticipates closing the private placement in late May, subject to the receipt of all necessary regulatory approvals.

About Relevant Gold Corp.

Relevant Gold is a North American gold exploration company founded by experienced exploration geologists and operated by a highly respected team with a proven record of significant value creation for shareholders. Relevant Gold is focused on the acquisition, exploration, discovery and development of district-scale gold projects in the state of Wyoming -- one of the most mining-friendly jurisdictions in the United States and globally.

The scientific and technical contents of this release have been approved by Brian C. Lentz, CPG No. 11999, chief exploration officer of the company, a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Mr. Lentz is not independent of the company.

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