Dynasty Gold Corp.
TSX VENTURE : DYG
FRANKFURT : D5G

Dynasty Gold Corp.

May 12, 2009 09:00 ET

Dynasty Gold Announces Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 12, 2009) - Dynasty (TSX VENTURE:DYG)(FRANKFURT:D5G) announces that it plans to complete a non-brokered private placement of up to 6,000,000 units at a price of CDN$0.015 per unit for gross proceeds of CDN$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 fifth anniversary from the date of closing. The private placement is subject to the approval of TSX Venture Exchange.

The Company will use the proceeds of the private placement to fund new project due diligence and for general working capital purposes.

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

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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