Ottawa, Ontario – November 26, 2009 – PC Gold Inc. (PKL:TSX) (“PC Gold” or “the Company”) is pleased to announce that it has added a flow-through component to its financing announced on November 16, 2009. Accordingly, the Company has filed an amended and restated preliminary short form prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta and Ontario providing for the offering of both units (“Units”) and flow-through shares (“FT Shares”) under the financing (together, the “Offering”), and also providing additional terms of the Offering. Under the terms of the Offering, the Company will issue such number of Units at a price of $0.70 per Unit and such number of FT Shares at a price of $0.80 per FT Share to raise total gross proceeds from the Offering of a minimum of $5,000,000 and a maximum of $10,000,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”), with each Warrant being exercisable to acquire one common share at a price of $0.80 for a period of 18 months. The FT Share component of the Offering will consist of flow-through common shares only and will not include warrants. The Offering is led by Canaccord Capital Corporation, with a syndicate comprising Raymond James Ltd. and Research Capital Corporation (collectively, the "Agents"). The Company has granted the Agents an over-allotment option exercisable in whole or in part no later than 48 hours prior to the Closing to sell up to an additional $1,500,000 worth of Units and/or FT Shares...

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