Nayarit Gold, Inc. Retains Cronus Capital Markets for Strategic Consulting

TORONTO, ONTARIO (PINK SHEETS: NYRTF) has retained CCM Consulting, a division of Cronus Capital Markets (CCM) Inc., to assist the company with information-based strategies to increase market efficiencies and overall liquidity.

The services to be provided by CCM will include the production of various forms of research coverage through CCM Research (a division of Cronus Capital Markets), ongoing media coverage, web-based as well as live investor presentations, and distribution and dissemination of research reports. Nayarit Gold, Inc. will be paying $45,000 for these services over the next 12 months.

There is no prior relationship between Nayarit Gold, Inc. and CCM, nor is there any prior direct or indirect interest in Nayarit Gold, Inc. or its securities, or any right to acquire such an interest on the part of CCM.

ABOUT NAYARIT GOLD, INC.

Nayarit Gold Inc. is a Canadian gold and silver exploration company formed in May, 2005. The Company controls over 102,000 hectares of mining concessions in the State of Nayarit, Mexico. Management's strategy is to build Nayarit Gold Inc. into a profitable resource company and maximize shareholder value through exploration of its high quality mining properties in the State of Nayarit, Mexico. The Company is committed to working with the government and people of Mexico to achieve a modern and sustainable mining region. The Company follows best practices in health and safety, environmental and community engagement.

ABOUT CRONUS CAPITAL MARKETS

Cronus Capital Markets (www.cronuscapitalmarkets.com), with offices in Toronto and New York, assists companies in a wide variety of industries and emerging growth sectors by creating and executing information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies; such as share illiquidity and stagnant market capitalization. The head office of Cronus Capital Markets is located at Suite 206, 116 Spadina Avenue, Toronto, Ontario M5V 2K6.

The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

Contacts: Cronus Capital Markets Dianne Rudderham Program Director (416) 368-3700 ext 223 Email: rudderham@cronuscapitalmarkets Website: www.cronuscapitalmarkets.com Nayarit Gold Inc. Colin P. Sutherland President & CEO (902) 252-3833

Nayarit Gold (TSXV:NYG)
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