|July 19, 2004|
Dynasty Gold's Directors Sell Shares to Back Financing
|Press Release 04-15|
Vancouver, Canada: Dynasty Gold Corp. (TSX-V DYG) ("Dynasty" or the "Company") advises that its directors have completed a transaction whereby 450,000 shares of the Company have been sold at a price of $0.54 per share through the facilities of the TSX Venture Exchange. The proceeds from this sale will be used to finance, in part, the Company's private placement of two million units being sold at $0.50 per unit, previously announced in Stockwatch on July 12, 2004. The private placement is subject to regulatory approval.
Dynasty is a Canadian based junior resource company focused on acquiring, exploring and developing gold prospects in China.
ON BEHALF OF THE BOARD OF
DYNASTY GOLD CORP.
"Jonathan W. George"
Jonathan W. George, President
This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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