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Shareholders of Yukon-Nevada Gold Corp advised to approve the proposed inducement warrants

Posted on: Fri, 20 Nov 2009 04:46:00 EST

Symbols: RMG, YNG, YNGFF

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Nov 20, 2009 (M2 EQUITYBITES via COMTEX) --
YNGFF | Quote | Chart | News | PowerRating -- North American gold producer Yukon-Nevada Gold Corp (Toronto: YNG | Quote | Chart | News | PowerRating)
(Frankfurt:NG6) (Xetra : NG6) today announced that RiskMetrics Group
and Glass, Lewis and Co have each formally recommended that
Yukon-Nevada Gold Corp's shareholders approve the proposed inducement
warrants due on 20 November 2009.

RiskMetrics Group and Glass, Lewis and Co are providers of proxy
research and voting recommendations to institutional investors in
Canada and the US.

The company said that its board of directors strongly urge shareholders
to vote for the proposed transaction today by submitting their vote
prior to the 20 November 2009 deadline.

Also, a request to the Toronto Stock Exchange for an extension to the
deadline of 20 November 2009 has been put forth and such an extension
will be announced if and when agreed upon.

Comments on this story may be sent to admin@m2.com

For full details on RiskMetrics Group Inc (RMG) RMG. RiskMetrics Group Inc (RMG) has Short Term PowerRatings at TradingMarkets. Details on RiskMetrics Group Inc (RMG) Short Term PowerRatings is available at This Link.

For full details on (YNG) YNG. (YNG) has Short Term PowerRatings at TradingMarkets. Details on (YNG) Short Term PowerRatings is available at This Link.

For full details on (YNGFF) YNGFF. (YNGFF) has Short Term PowerRatings at TradingMarkets. Details on (YNGFF) Short Term PowerRatings is available at This Link.

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