Yukon-Nevada Gold Corp. - 2009 Annual General Meeting

    VANCOUVER, May 22 /CNW/ - Yukon-Nevada Gold Corp. (Toronto Stock
Exchange: YNG; Frankfurt Xetra Exchange: NG6) Graham Dickson, the President of
Yukon-Nevada Gold Corp. (the "Company"), announces that that shareholders
overwhelmingly approved all resolutions brought before them at the Company's
Annual General Meeting (the "AGM") held in Vancouver, British Columbia on May
21, 2009 including:

    Election of Directors
    The following board members stood for election and were duly re-elected:
Graham C. Dickson, John R.W. Fox, Neil J.F. Steenberg, R.J. (Don) MacDonald,
Robert E. Chafee, Peter Holbek and Robert F. Baldock. As at the date of the
AGM, with the exception of Graham Dickson, the Company's Directors are

    Other AGM Results
    KPMG LLP, Chartered Accountants, were re-appointed as auditors of the
Company for the ensuing year, and the directors were authorized to fix the
remuneration to be paid to the auditors.

    Yukon-Nevada Gold Corp. is a North American gold producer in the business
of discovering, developing and operating gold deposits. The Company holds a
diverse portfolio of gold, silver, zinc and copper properties in the Yukon
Territory and British Columbia in Canada and in Arizona and Nevada in the
United States. The Company's focus has been on the acquisition and development
of late stage development and operating properties with gold as the primary
target. Continued growth will occur by increasing or initiating production
from the Company's existing properties.

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

    The TSX 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 buy 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 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,
Investor Relations Manager, Tel: (604) 688-9427, Email: nicole@yngc.ca,
www.yukon-nevadagold.com; CHF Investor Relations, Jacqueline Wagenaar, Account
Manager, Tel: (416) 868-1079 ext. 289, Email: jacqueline@chfir.com,

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