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NV GOLD COMPLETES SHARES FOR DEBT TRANSACTION

Vancouver, British Columbia – NV Gold Corporation (TSX-V: NVX) (the "Company")
announced today that it has completed the shares for debt transaction with its President and CEO
originally announced on January 10, 2013. The Company has issued 1,125,670 common shares
of the Company at a deemed price of US$0.075 per share in settlement of US$84,425 in debts of
the Company. The shares issued under the shares for debt transaction are subject to a hold
period expiring on May 29, 2013.

On behalf of the Board of Directors,

(sgd.) "John E. Watson"
President and CEO

For further information, visit the Company’s website at www.nvgoldcorp.com or contact:

John E. Watson,
Phone: 303.674.9400
Email: jewats@aol.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.