VANCOUVER, May 31, 2011 /CNW/ --
VANCOUVER, May 31, 2011 /CNW/ - Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) (the 'Company') is pleased to announce that, further to its news release
of May 24, 2011, the Company has closed its private placement for the
gross proceeds of $14,400,000 from the issuance of 33,488,372 units
(the 'Units') at a price of $0.43 per unit to Deutsche Bank AG, London
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