VANCOUVER, April 15 /CNW/ - Evolving Gold Corp. (TSX-V: EVG) (OTCBB: EVOGF) (FSE:EV7) (the "Company") is pleased to announce that it has entered into a non-brokered private placement for $1,000,000 (the "Private Placement"). This Private Placement fulfills an agreement with Golden Predator Mines (US) Inc. as previously announced (see News Release dated August 7, 2007) allowing Golden Predator to participate in Private Placements by the Company. Proceeds from the Private Placement will be used for the drilling program at the Company's Rattlesnake Hills Diatreme Complex in Wyoming commencing early summer 2008.

The Private Placement consists of the issuance of 1,000,000 units ("Units") at a price of $1.00 per Unit. Each Unit consists of one common share ("Share") and one-half of one common share purchase warrant. Each whole warrant entitles the holder thereof to purchase one additional Share (a "Warrant Share") of the Company at an exercise price of $1.50 per Warrant Share for twelve (12) months. There are no finder's fees payable on this transaction.

All securities issued by the Company in Private Placement will be subject to a resale restriction for a period of four months and one day from the date of closing.

The Private Placement is subject to receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

About Evolving Gold Corp.
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Evolving Gold is actively exploring 9 separate gold properties, primarily in known, producing gold trends in the state of Nevada. In total, Evolving holds over 90,000 acres of exploration lands.

Evolving has entered into a lease agreement with Newmont Mining Corporation on four prospective gold properties located within the prolific Carlin Gold Trend (see press release dated December 5, 2007). Evolving recently announced the signing of a definitive agreement to acquire 100% of the Rattlesnake Hills Diatreme Complex in Wyoming (see press release dated January 18, 2008).

The Company has three drills operating (moving to four drills in the next 60 days) at their North Carlin District Properties and at their Sleeper District Project in Nevada. It has recently completed first rounds of drilling at the Malone Gold/Silver Project (NM) (see press release dated March 4, 2008) and Fisher Canyon (NV) (see press release dated February 1, 2008).

Evolving Gold is continuing its aggressive drilling and acquisition strategy.

On Behalf of the Board of Directors

EVOLVING GOLD CORP.

Robert Bick

CEO and Director

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Not For Distribution to U.S. Newswire Services or for Dissemination in

The United States

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this release.

Contacts

Evolving Gold Corp.
Robert Bick
CEO
robert@evolvinggold.com
Direct: (604) 685-6375
Toll Free: 1-866-604-3864
http://www.evolvinggold.com/

OR Renmark Financial Communications Inc
Christopher Wells: cwells@renmarkfinancial.com
James Buchanan: jbuchanan@renmarkfinancial.com
Tel.: (514) 939-3989
Fax: (514) 939-3717
http://www.renmarkfinancial.com/

OR Excelsior Communications Inc.
Miranda Bradley
Managing Partner
miranda@excelsiorcommunications.com
Direct (416) 996-0238
http://www.excelsiorcommunications.com/