Dynasty Gold Corp.
TSX VENTURE : DYG
FRANKFURT : D5G

Dynasty Gold Corp.

June 11, 2009 16:06 ET

Dynasty Gold Announces Close of the Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 11, 2009) - Dynasty Gold Corp. (TSX VENTURE:DYG)(FRANKFURT:D5G) ("Dynasty" or the "Company") announces that it has received the TSX Venture approval of the 6,000,000 units private placement previously announced on Stockwatch on May 12, 2009. The 6,000,000 unit private placement was closed for gross proceeds of $90,000. Each unit consists of one common share and one common share purchase warrant. Each common share purchase warrant entitles the holder to purchase one common share at CDN$0.05 on the first anniversary from the date of closing (the "Closing Date"), and CDN$0.10 on the second anniversary to the fifth anniversary from the date of closing (the "Closing Date"). No finder's fee is payable on this financing. The shares and warrants issued are subject to a four month hold from the date of closing of the private placement.

The Company will use the proceeds of the private placement for working capital.

Dynasty Gold Corp. is a Canadian gold exploration and development company that is aggressively seeking out new opportunities.

For more information on the Company and its projects, please refer to the website, www.dynastygoldcorp.com.

ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.

Ivy Chong, President & CEO

This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

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

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