Yukon-Nevada Gold Corp. Special Meeting of Shareholders

This special shareholder meeting represents a pivotal moment for Yukon-Nevada Gold Corp. as it seeks approval for a minimum 1-for-8 share consolidation to meet NYSE MKT exchange listing requirements. The meeting will allow shareholders to vote on this critical corporate action that enables the company's expansion into US capital markets. The consolidation is necessary to achieve the $2 minimum share price required by NYSE MKT, formerly known as AMEX Exchange. Success at this meeting would clear a major hurdle for the company's dual listing strategy, which aims to improve market access for US investors and enhance trading logistics for the Nevada-based gold producer. The outcome will determine whether Yukon-Nevada Gold can proceed with its planned early fourth quarter 2012 NYSE MKT listing, representing a significant milestone in the company's capital markets evolution and potential catalyst for broader investor participation in both Canadian and US markets.