BC FORM 51-102F3
MATERIAL CHANGE REPORT
1. Name and Address of Company
The full name and address of the principal office in Canada of the Company is:
Yukon-Nevada Gold Corp.
490 – 688 West Hastings Street
Vancouver, B.C. V6B 1P1
2. Date of Material Change
The date of the material change is April 30, 2010.
3. News Release:
The date and method(s) of dissemination of the News Release issued under section 7.1 of National Instrument
51-102 is/are as follows:
Date of Issuance: April 28, 2010
The news release was disseminated via SEDAR to the securities commissions in British Columbia, Alberta and
Ontario, to the Toronto Stock Exchange and via wire by CNW.
4. Summary of Material Change
Yukon-Nevada Gold Corp. announces Flow-Through Private Placement.
5. Full Description of Material Change
Yukon-Nevada Gold Corp. (the "Company") announces that the Company has negotiated a brokered private
placement for gross proceeds of up to $10,010,000 with Byron Capital Markets (the “Agent”) in which the
Agent will use its best efforts to sell up to 36,400,000 flow-through common shares (“FT Shares”) at $0.275 per
FT Share in the capital stock of the Company.
Yukon-Nevada Gold’s President and Chief Executive Officer, Robert Baldock, commented, “This will enable us
to continue exploration at the Ketza River project in the Yukon.”
The Agent will receive a cash commission representing 7.5% of the gross proceeds of the sale of all but
6,550,000 (the “Excluded Shares”) of the FT Shares. The Company will also issue share purchase warrants to
the Agent on closing (the “Agent’s Warrants”) entitling the Agent to purchase additional common shares equal in
number to 2.5% of aggregate number of FT Shares sold, less the Excluded Shares. The Agent’s Warrants will
entitle the Agent to purchase common shares at the price of $0.275 per common share for a period of 24 months
following the closing.
In accordance with securiti