Entree
Gold Inc. has received a receipt for a final short form base shelf prospectus
with the securities commissions of each province of Canada, except Quebec, and
a corresponding registration statement on Form F-10/A with the United States
Securities and Exchange Commission. These filings will allow the company to
make public offerings of common shares, warrants, subscription receipts up to
an aggregate offering price of USD100 million. The net proceeds are expected to
be used for acquisitions, development of acquired mineral properties and
working capital requirements. Entrée Gold owns the Lookout Hill deposit in
Mongolia surrounded by the Oyu Tolgoi project.