Jet Gold Corp.
TSX VENTURE : JAU

Jet Gold Corp.

April 29, 2008 13:45 ET

Jet Gold Closes Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2008) - Robert L Card, President, Jet Gold Corp. (the "Company") (TSX VENTURE:JAU) announces that the private placement originally reported on February 15, 2008 has been approved by the TSX Venture Exchange and has closed.

A total of 3,200,000 units at a price of $.15 per unit were sold resulting in gross proceeds to the Company of $480,000. Each unit consists of one common share and one share purchase warrant entitling the holder to purchase an additional common share at a price of $.25 cents per share for a period of two years from closing of the private placement.

All securities will be subject to a four-month hold period expiring August 29, 2008 in accordance with applicable securities laws.

On Behalf of the Board of Directors of Jet Gold Corp.

Robert L Card, President

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

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