Bishop Gold Inc.
TSX VENTURE : BSG

Bishop Gold Inc.

November 17, 2005 10:20 ET

Bishop Announces Closing of $250,000 Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 17, 2005) - Bishop Gold Inc. ("Bishop") (TSX VENTURE:BSG), listed on the TSX Venture Exchange Inc. (the "Exchange") under the trading symbol "BSG", is pleased to announce that it has closed its previously announced private placement of $250,000 of units of Bishop at a price of $0.07 per unit. An aggregate of 3,571,428 common shares and 3,571,428 common share purchase warrants ("Warrants") have been issued in connection with the Private Placement, with each Warrant entitling the holder to acquire one (1) common share at a price of $0.12 for a period of two years from the date of issue. The 3,571,428 common shares issued are subject to a four-month hold period, which expires on March 17, 2006. An aggregate of $7,840 cash and 43,080 Units were paid as commissions.

ON BEHALF OF BISHOP GOLD INC.

Terry Fields, President

The company seeks safe harbor on forward-looking statements.

The TSX Venture Exchange Inc. has neither approved nor disapproved of the contents of this press release.

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