TAGISH LAKE GOLD CORP.

Tagish Lake Gold Corp., announces that the Board of Directors has negotiated, and recommend that the Shareholders accept, an agreement to merge with “Yukon-Shaanxi Mining Company Inc." a private company, whereby YSM will assume all of the assets and liabilities of both YSM and TLG. The transaction will result in the formation, under the laws of British Columbia, of one corporate entity, proposed to be named “YS Mining Company Inc.” which will have its shares listed on the TSX Venture Exchange.