YAMIRI GOLD AND ENERGY INC. Announces Closing of Non-Brokered Private Placement

TSX Venture Exchange Symbol - YGI

VANCOUVER, Oct. 28 /CNW/ - Yamiri Gold and Energy Inc. (the "Company") is pleased to announce the closing of a non-brokered private placement on October 28, 2009 of 3,673,000 units at a price of $0.10 per unit to raise proceeds of $367,300. Each Unit consists of one common share and one common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of $0.15 per common share on or before October 28, 2014. A fee of 1% of the gross proceeds raised will be paid.

The securities issued pursuant to the private placement are subject to a hold period expiring on March 1, 2010. Proceeds will be used for general working capital and for continuing to research opportunities in the natural resources sector.

NEITHER THE 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 NEWS RELEASE

Contacts

Gordon Keep
Director and Chief Executive Officer
at Suite 3123 - 595 Burrard Street
Vancouver
British Columbia
telephone: (604) 609-6110