Yukon-Nevada Gold Corp. lists warrants on the TSX

    VANCOUVER, Nov. 7 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG; Frankfurt
Xetra Exchange: NG6). Today announced that an aggregate of 21,175,932 common
share purchase ("Warrants") of the Company were listed and posted for trading
at the opening of today's market under the following information:

        Warrant Symbol:            YNG.WT
        Cusip No.:                 98849Q 11 9
        Trading Currency:          Canadian dollars
        Designated Market Maker:   Byron Securities Ltd.
        Other markets:             none

    Each Warrant entitles the holder to purchase one common share of the
Company at a price of $3.00 on or before 4p.m. PST on June 20, 2012. The
Warrants were issued on June 20, 2007, upon the completion of the Plan of
Arrangement between the Company and Queenstake Resources Ltd.
    The Warrants will be governed by the terms of a warrant indenture between
the Company and Pacific Corporate Trust Company, as warrant agent. The warrant
indenture provides for the appropriate adjustments to the Warrants in the
event of stock dividends, subdivision, consolidation and other forms of
capital reorganization.

    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

    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 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.

    %SEDAR: 00004098E

For further information:

For further information: Yukon-Nevada Gold Corp., Nicole Sanches,
Manager, IR, 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,

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