2012-04-24 16:50 ET - News Release

Ms. Lori McClenahan reports

INTIGOLD MINES LTD. RE-PRICES PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT

Intigold Mines Ltd. has repriced its private placement from 10.5 cents per unit to 16.5 per unit, pursuant to its news release dated March 19, 2012. The private placement now consists of 4,545,455 units at a price of 16.5 cents per unit raising gross proceeds of $750,000. Each unit will consist of one common share and one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at a price of 22 cents per share for a period of 24 months from closing. The private placement is subject to regulatory approval.

The company will pay finder fees of up to 7.5 per cent of the gross proceeds raised, payable in cash or common shares.

The proceeds of the private placement will be used for general working capital.