Evolving Gold Announces Extension of Option Agreement at Rattlesnake Hills

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 29, 2014) - Evolving Gold Corp. (CSE:EVG)(FRANKFURT:EV7)(OTCB: EVOGF) (the "Company") announced that it has reached an agreement (the "Extension") with NV Gold Corp. ("NVX") to extend the Option Agreement between the companies under which NVX has the option to purchase a 100% interest in the Rattlesnake Hills Project, located in Natrona County, Wyoming. Under the Extension, the deadlines of all remaining payments due under the original Option Agreement are extended for a period of three months in consideration of NVX paying Evolving Gold US$75,000 and issuing to EVG 200,000 common shares of the Company. The Extension is subject to approval of the TSX Venture Exchange.

About Evolving Gold Corp:

Evolving Gold is focused on exploring its gold properties in and adjacent to the productive Carlin district of northern Nevada.
For more information about Evolving Gold please visit: www.evolvinggold.com.

On Behalf of the Board of Directors

Evolving Gold Corp.

R. Bruce Duncan, President, CEO and Director

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

FORWARD-LOOKING STATEMENTS: 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. Investors 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. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).