Yukon-Nevada Gold Corp. announces flow-through private placement



    VANCOUVER, Sept. 26 /CNW/ - Yukon-Nevada Gold Corp. (TSX:YNG) Graham
Dickson, the President of Yukon-Nevada Gold Corp. (the "Company"), announces
that as a result of the new mineralized zones discovered at the Company's
Ketza River Property, Yukon (see news release dated September 25, 2007) the
Company has negotiated, with one institution, a $10,000,000 non-brokered
flow-through private placement to sell up to 5,000,000 flow-through common
shares ("FT Shares") at $2.00 per FT Share in the capital stock of the
Company.
    In accordance with securities legislation currently in effect, the FT
Shares will be subject to "hold period" of four months plus one day from the
date of issuance of the aforesaid securities.

    If you would like to receive press releases via email please contact
    nicole@yngc.ca and specify "YNG releases" in the subject line.

    Please visit our website at www.yukon-nevadagold.com

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

    WARNING: The Company relies upon litigation protection for "forward-
    looking" statements.

    This news release does not constitute an offer to sell or a solicitation
of an offer to sell any of the securities in the United States. The securities
have not been and will not be registered under the United States Securities
Act of 1933, as amended (the "U.S. Securities Act") or any state securities
laws and may not be offered or sold within the United States or to "U.S.
Persons" as such term is defined by regulations under the U.S. Securities Act,
unless registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is available.

    %SEDAR: 00004098E




For further information:

For further information: Yukon-Nevada Gold Corp., Nicole Sanches,
Manager, Investor Relations, Tel: (604) 688-9427, Email: nicole@yngc.ca,
www.yukon-nevadagold.com; CHF Investor Relations, Jeanny So, Broker Relations
Specialist, Tel: (416) 868-1079 ext. 225, Email: jeanny@chfir.com,
www.chfir.com

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