Evolving Gold Grants Incentive Stock Options

Evolving Gold Grants Incentive Stock Options

Evolving Gold Corp. announces that it has issued 350,000 incentive stock options to certain directors and officers of the Company at a price of $0.35. These options will have a 10 year term and are subject to regulatory approval.

Evolving Gold is focused on its discovery property – Rattlesnake Hills, Wyoming. Evolving has the option to acquire 100% of the Rattlesnake Hills project.

Evolving also has 8 other gold properties in New Mexico and Nevada including a lease agreement with Newmont Mining Corporation on four prospective gold properties (North Carlin District Properties) located within the prolific Carlin Gold Trend (see press release 12/5/2007).

Evolving Gold has approximately $17 million in its treasury. For more information about Evolving Gold Corp please visit: www.evolvinggold.com.

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