2013 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 -- January 25, 2013 -- James T. Gillis of #1100 - 235 First Avenue, Kamloops, British Columbia, announces that on December 31, 2012, he acquired ownership of
88,000 common shares of Advance Gold Corp. (the "Issuer") representing approximately 0.25% of the Issuer's then issued and outstanding common shares. Following this acquisition, Mr. Gillis owned, directly and indirectly, 2,334,750 common shares in the capital of the Issuer representing approximately 6.52% of the Issuer's then issued common shares, and owned, directly and indirectly, options and warrants entitling the purchase of an aggregate 1,400,000 common shares of the Issuer, or, assuming exercise of these options and warrants, a total of
3,734,750 common shares or approximately 10.04% of the Issuer's issued and outstanding common shares on a post-conversion beneficial ownership basis. The shares were purchased by Mr. Gillis for $0.045 per share through the facilities of the TSX Venture Exchange for investment purposes, which investment in the Issuer will be evaluated and increased or decreased from time to time at Mr. Gillis's discretion.

As of the date of this press release, Mr. Gillis owns, directly and indirectly, 2,534,750 common shares in the capital of the Issuer representing approximately 6.89% of the Issuer's issued common shares, and owns, directly and indirectly, options and warrants entitling the purchase of an aggregate 1,600,000 common shares of the Issuer, or, assuming exercise of these options and warrants, a total of 4,134,750 common shares or approximately 10.77% of the Issuer's issued and outstanding common shares on a post-conversion beneficial ownership basis.

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.

(signed) "James T. Gillis"
James T. Gillis

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