Evolving Gold Commences Trading on the Toronto Stock Exchange

December 7, 2010, Vancouver, British Columbia: Evolving Gold Corp. (TSXV: EVG) (FSE: EV7) (the "Company") is pleased to announce that pursuant to a conditional approval for listing granted by the Toronto Stock Exchange ("TSX"), its common shares will be listed and commence trading on the TSX, effective at market opening, on Tuesday, December 7, 2010, under the continued symbol "EVG". As a result of the move to the TSX, the Company's common shares will be delisted from the TSX Venture Exchange ("TSX-V") at the commencement of trading on the TSX.

"We are extremely pleased to make this move to the Toronto Stock Exchange (TSX)," says Robert Barker, CEO of Evolving Gold Corp. "We believe this move will facilitate additional investment in Evolving Gold Corp. from institutional investors and will provide a significant benefit to our shareholders as a whole."

About Evolving Gold Corp.

Evolving Gold is focused on exploring its gold discovery at Rattlesnake Hills, Wyoming, an alkalic gold system, similar to the Cripple Creek gold district in Colorado, and on four gold properties in and adjacent to the productive Carlin district of northern Nevada, two of which are 100% controlled by Evolving Gold.

For more information about Evolving Gold please visit: www.evolvinggold.com. To receive regular updates or to receive a follow-up call from Investor Relations please sign up at: http://www.evolvinggold.com/.

On Behalf of the Board of Directors
EVOLVING GOLD CORP.

"Robert Barker"
Robert Barker
CEO and Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:
Graham Johnstone
Tel: 778-331-2023

 

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).
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