The Toronto Stock Exchange (TSX) Conditionally Approves Listing Of the Common
Shares of Evolving Gold Corp.

VANCOUVER, Nov. 15 /CNW/ - Evolving Gold Corp. (TSXV: EVG) (FSE: EV7) (the "Company") is pleased to announce that the Toronto Stock Exchange (TSX) conditionally approved the listing of the common shares of the Company. The Company will move its listing from the TSX Venture Exchange (TSXV) to the Toronto Stock Exchange (TSX) as soon as the customary final documentation is approved by the Exchange. The Company will continue to trade under the stock symbol "EVG" upon listing on the TSX.

"We are extremely pleased to make this move to the Toronto Stock Exchange," says Robert Barker, CEO of Evolving Gold Corp. "This move should facilitate additional investment in Evolving Gold Corp. from institutional investors and should be a significant benefit to our investors as a whole."

About Evolving Gold Corp.
Evolving Gold is focused on exploring its significant gold discovery at Rattlesnake Hills, Wyoming, an alkalic gold system, similar to the Cripple Creek gold district in Colorado, and on four gold properties in and adjacent to the productive Carlin district of northern Nevada, two of which are 100% controlled by Evolving Gold. In compliance with National Instrument 43-101, Quinton Hennigh, Ph.D., P.Geo., is the Qualified Person responsible for the accuracy of this news release.

The Company has granted 200,000 options to employees at a price of $0.91, vesting over one year for a five year term.

For more information about Evolving Gold please visit: www.evolvinggold.com. To receive regular updates or to receive a follow-up call from Investor Relations please sign up at: http://evolvinggold.com/sign-up.php.

On Behalf of the Board of Directors

EVOLVING GOLD CORP. 

"Robert Barker"
Robert Barker
CEO and Director

FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: results of exploration activities and development of mineral properties, fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing, currency fluctuations, general market and industry conditions and other risks disclosed in the Company's filings with Canadian Securities Regulators.
Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information:

Investor Relations:
Graham Johnstone
Tel: [phone]
[email protected]m