Adventure Gold Inc.
TSX VENTURE : AGE

Adventure Gold Inc.

October 03, 2007 08:53 ET

Adventure Gold Begins Trading Today Under the Symbol "AGE" on the TSX-V

OTTAWA, ONTARIO--(Marketwire - Oct. 3, 2007) - Adventure Gold Inc. (TSX VENTURE:AGE), a junior mining exploration company with strategic properties in the Val d'Or region of Quebec, announces it's shares will begin trading today on the TSX Venture Exchange under the symbol "AGE".

The Company's Initial Public Offering Prospectus dated August 29, 2007 has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Autorite des marches financiers on August 30, 2007 pursuant to the provisions of the Securities Act (Quebec).

The gross proceeds received by the Company for the offering were $1,999,500 (1,333 Units at $1,500 per Unit). Each Unit consists of 4,000 flow-through common shares at $0.30 per share and 1,200 common shares at $0.25 per share. Subsequent to the closing of the initial distribution of securities to the public, the Company also completed a Private Placement of $200,000 (800,000 common shares at $0.25 per share).

The Company is classified as a "Mineral Exploration/ Development Company".



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Commencement At the opening on October 3, 2007, the common shares
date: will commence trading on the TSX Venture Exchange
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Corporate Canada
jurisdiction:
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Capitalization: Unlimited common shares with no par value of which
17,780,885 common shares are issued and outstanding
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Escrowed Shares: 4,308,455 common shares and 110 000 warrants
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Transfer agent: Computershare Investor Services Inc. (Montreal &
Toronto)
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Trading symbol: AGE
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CUSIP number: 00766R 10 4
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Agent: Desjardins Securities Inc.
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Agent's Fee: A cash commission equal to 8.5% of the total gross
proceeds raised
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Agent's Warrants: 554,528 non-transferable warrants to purchase
554,528 common shares at $0.25 for a period of 24 months
from the date of the closing of the Initial Public
Offering.
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Adventure Gold is an emerging junior mining exploration company with a property portfolio in the historic gold producing Val d'Or region of Quebec. The Company's strategic Beaufor Gold property is adjacent to the Beaufor Mine, a producing gold mine jointly operated by Richmont Mines (TSX: RIC) & Louvem Mines (TSX-V: LOV).

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

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