Stikine Announces $500,000 Private Placement



    SKY:TSX.V

    VANCOUVER, Sept. 4 /CNW/ - Stikine Gold Corporation (SKY:TSX.V) (the
"Company") announces that it intends to proceed with private placement of up
to five million units (the "Units") to be issued at a price of $0.10 per Unit
for gross proceeds of up to $500,000. Each Unit will consist of one common
share and one share purchase warrant, with each warrant entitling the holder
to acquire an additional common share for a twelve month period following
closing at a price of $0.15.
    Proceeds from the private placement will be used for working capital and
for initial evaluation of the Sowchea claims as announced in the Company's
September 2, 2008 news release. The Sowchea claims are located approximately
eight kilometers southwest of Fort St. James, BC.
    The private placement is subject to regulatory approval.

    
                           STIKINE GOLD CORPORATION

                              "Scott Broughton"

               ------------------------------------------------
                 Scott E. Broughton, P.Eng. - President & CEO

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.
    

    %SEDAR: 00019195E




For further information:

For further information: Investor Relations, Tel: (604) 684-1900, Fax:
(604) 684-2902, Email: info@stikinegold.com, Web: www.stikinegold.com

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Stikine Energy Corp.

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