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Evolving Gold Corp.

11:51 AM EST - Evolving Gold Corp. : announced that it has completed a non-brokered private placement of 12,000,000 Units at $0.30 per Unit for gross proceeds of $3,600,000. Each Unit consists of one common share of the Company and one common share purchase warrant. Each Warrant entitles the subscriber to acquire one additional common share of the Company at a price of $0.40 per common share until August 13, 2015. Evolving Gold Corp. shares T.EVG are trading unchanged at $0.26.