Q-GOLD RESOURCES LTD. ("QGR")
(formerly Q-Gold Resources Ltd. ("QAU"))
BULLETIN TYPE: Consolidation, Symbol Change
BULLETIN DATE: December 11, 2009
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders November 6, 2009, the
Company has consolidated its capital on a 15 old for 1 new basis. The name of
the Company has not been changed.
Effective at the opening Monday, December 14, 2009, the common shares of
Q-Gold Resources Ltd. will commence trading on TSX Venture Exchange on a
consolidated basis. The Company is classified as a 'Gold Mining' company.

Post - Consolidation

Capitalization: unlimited shares with no par value of which
7,730,943 shares are issued and outstanding
Escrow: Nil

Transfer Agent: Equity Transfer and Trust Company
Trading Symbol: QGR (new)
CUSIP Number: 747269 20 7 (new)