Excel Gold Mining Inc. Announces a Private Placement of a Maximum of $500,000

QUEBEC CITY, May 13 /CNW Telbec/ - Excel Gold Mining Inc. (TSX-V: EGM.V) (the "Corporation") is pleased to announce that it intends to complete a non-brokered private placement of a maximum of 6,250,000 units for a total amount of $500,000 (the "Private Placement"). Each unit is comprised of one common share of the Corporation at a price of $0.08 per share and one-half of one common share purchase warrant. Each common share purchase warrant entitles its holder to subscribe for one common share of the Corporation at a price of $0.12 per share for a period of 24 months following the closing date of the Private Placement. The units to be issued with respect to the Private Placement will be subject to a resale restriction of four months and one day. The proceeds of the Private Placement will be used for the working capital of the Corporation.

Change of the Name of the Corporate and Ticker Symbol

On April 22, 2008, the Corporation changed its name for "Les Mines D'or Excel Inc." and its English version "Excel Gold Mining Inc.". Further to the change of the name of the Corporation, the common shares of the Corporation trade on the TSX Venture Exchange Inc. under the new ticker symbol "EGM".

The Private Placement is subject to the approval of the competent regulatory authorities.

The TSX Venture Exchange Inc. does not accept any responsibility for the

adequacy or accuracy of this release.

Contacts

Daniel Pauzé
President
Excel Gold Mining Inc.
(514) 951-7776