2011 News

This press release is issued pursuant to Multilateral Instrument 62-104 -- Take-Over Bids and Issuer Bids and National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

Kamloops, British Columbia -- September 19, 2011 -- James T. Gillis of #1100 - 235 First Avenue, Kamloops, British Columbia, has acquired ownership of 1,000,000 units of Advance Gold Corp. (the "Issuer"), the units comprised of 1,000,000 common shares in the capital of the Issuer and warrants entitling the purchase of 1,000,000 common shares in the capital of the Issuer at a per share price of $0.10 until September 19, 2013. The 1,000,000 common shares acquired represent approximately 3.53% of the Issuer's issued and outstanding common shares.

Following this acquisition, Mr. Gillis owns, directly and indirectly, 2,258,750 common shares in the capital of the Issuer representing approximately 7.96% of the Issuer's issued common shares, and owns, directly and indirectly, options and warrants entitling the purchase of an aggregate
1,200,000 common shares of the Issuer, or, assuming exercise of these options and warrants by Mr. Gillis, he would own, directly and indirectly, a total of 3,458,750 common shares or approximately 11.70% of the Issuer's issued and outstanding common shares on a post- conversion beneficial ownership basis.

The securities were purchased by Mr. Gillis for $0.05 per unit for a $50,000 cash subscription and were issued from treasury of the Issuer pursuant to a non-brokered private placement offering. The securities were acquired for investment purposes by Mr. Gillis and this investment in the Issuer will be evaluated and increased or decreased from time to time at Mr. Gillis's discretion.

In connection with this private placement, subsection 2.5(1) of National Instrument 45-106 -- Prospectus and Registration Exemptions was relied on as Mr. Gillis is a director and an executive officer of the Issuer.

A report respecting this acquisition will be electronically filed with the Securities Commission in British Columbia and Alberta and will be available for viewing through the Internet at the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

"James T. Gillis"
James T. Gillis

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