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Yukon-Nevada Gold Corp.

12:08 PM EST - Yukon-Nevada Gold Corp. : announced that it is currently negotiating a Forward Gold Purchase Agreement with Deutsche Bank AG, London Branch, a leading global provider of financial solutions. Subject to satisfaction of all closing conditions and internal approval requirements (including Deutsche Bank's credit committee), Deutsche Bank will fund a $120 million U.S. prepaid gold forward facility to Queenstake Resources USA, Inc., a subsidiary of the Company. Yukon-Nevada Gold Corp. shares T.YNG are trading up $0.035 at $0.50.