NUG Nulegacy Gold Corporation

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.


NuLegacy Gold Corporation (TSX VENTURE:NUG)(PINKSHEETS:NULGF) reports that it
has closed an initial tranche of 7.23 million units of the 10 million unit
non-brokered private placement being offered at a price of $0.10 per unit
(announced September 26th, 2013) for gross proceeds of $723,000.


Each Unit consists of one common share and one share purchase warrant, with each
warrant entitling the holder thereof to purchase one additional common share of
the Company for a period of 36 months, subject to acceleration, at a price of
$0.15 during the first 18 months and $0.20 during the last 18 months.


The net proceeds will be used to finance the Company's exploration programs on
its Iceberg gold project in Nevada, United States and for general corporate
purposes. The Company may pay a finder's fee in connection with the financing in
accordance with the policies of the TSX Venture Exchange.


The funds from this private placement together with the anticipated proceeds
from the share exchange financing announced November 7, 2013 should be
sufficient to complete the exploration programs required to earn-in NuLegacy's
70% interest in the Iceberg gold deposit.


All securities issued in connection with the initial closing are subject to a
four month and one day hold period expiring March 13, 2014.


NuLegacy Gold Corporation is a Nevada based exploration company focused on
delineating the near-surface Iceberg oxide gold deposit on a 60 square km
property in the heart of the Cortez trend of Nevada optioned from Barrick Gold
Corporation. The Iceberg deposit has similar geology to that of Barrick Gold's
on-going multi-million ounce Goldrush gold discovery.


On Behalf Of The Board Of Directors Of NuLegacy Gold Corporation

James E Anderson, Chief Executive Officer

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


This news release contains forward-looking statements, which relate to future
events or future performance and reflect management's current expectations and
assumptions. Such forward-looking statements reflect management's current
beliefs and are based on assumptions made by and information currently available
to the Company. Readers are cautioned that these forward looking statements are
neither promises nor guarantees, and are subject to risks and uncertainties that
may cause future results to differ materially from those expected. There are no
known resources or reserves on the Iceberg deposit or the Red Hill project and
the proposed exploration programs are exploratory searches for commercial bodies
of ore. In addition, the presence of gold deposits on properties adjacent or in
close proximity to the Red Hill project is not necessarily indicative of the
gold mineralization on the Red Hill project. All of the forward-looking
statements made in this news release are qualified by these cautionary
statements and those in our continuous disclosure filings available on SEDAR at
www.sedar.com including our annual management's discussion and analysis dated
July 30, 2012 for the year ended March 31, 2012. These forward-looking
statements are made as of the date hereof and the Company does not assume any
obligation to update or revise them to reflect new events or circumstances save
as required under applicable securities legislation. 


THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION
TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT
CONSTITUTE AN OFFER TO SELL SECURITIES AND THE COMPANY IS NOT SOLICITING AN
OFFER TO BUY THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN
REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY
STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO
U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.


FOR FURTHER INFORMATION PLEASE CONTACT: 
NuLegacy Gold Corporation
James E Anderson
CEO
604-638-4959
james@nuggold.com


NuLegacy Gold Corporation
Albert Matter
604-638-4959
albert@nuggold.com


NuLegacy Gold Corporation
Roger Steininger
COO
604-638-4959
roger@nuggold.com
www.nulegacygold.com

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