Mr. Patrick De Witt reports

NULEGACY GOLD ANNOUNCES SHARE CONSOLIDATION

NuLegacy Gold Corp. intends to consolidate the common shares in the capital of the company on the basis of one postconsolidation common share for 25 preconsolidation common shares.

The company currently has 723,773,953 common shares issued and outstanding, and following the consolidation, the company will have approximately 28,950,958 common shares issued and outstanding, prior to rounding for fractional shares.

The consolidation was approved by the shareholders and the board of directors of the company in accordance with the articles of the company, but remains subject to the approval of the TSX Venture Exchange. The company will issue a further news release announcing the effective date of the consolidation upon receiving exchange approval. The company will not be changing its name in conjunction with the consolidation.

We seek Safe Harbor.