Termination And Release Agreement Concluded

VANCOUVER - Ethos Gold Corp. has concluded a termination and release agreement with Nevada King Gold Corp. whereby Ethos has accepted to renounce all of its rights under the Earn-in Agreement on the Iron Point project in Humboldt County, Nevada in exchange for 6.5 million shares of Nevada King. Alex Heath, CFA, President, said, "We are pleased to have concluded this transaction on Iron Point, which allows Ethos to maintain upside participation in the Iron Point project through our six and a half million share interest in Nevada King, while also gaining exposure to a portfolio of projects within the World's most prolific gold mining trends."

The shares are subject to a voluntary hold period of twelve months from the date of issuance. The agreement is subject to TSX-V approval.