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BCGold Corp. Private Placement Oversubscribed and Completed at $1.2 Million

April 30, 2010 (pdf version) – BCGold Corp. (“the “Company”) is pleased to announce that its non-brokered private placement has been oversubscribed and completed. BCGold Corp. has issued 10,160,000 non-flow through units (“NFT Units”) at a price of $.08 per NFT Unit and 4,006,200 flow through units (“FT Units”) at a price of $.10 per FT Unit, for gross proceeds of $1,213,420. The private placement was previously announced on March 30, 2010.

Each NFT unit consisted of one common share and one-half common share purchase warrant; each whole warrant entitled the investor to purchase one additional common share for a period of 18 months from the date of issuance at a price of $0.15. Each FT Unit comprises one flow through common share and one-half of one common share purchase warrant, each whole common share purchase warrant exercisable to purchase one additional common share at $0.20 per share for a period of 18 months from the date of issuance. The securities are subject to a 4 month hold period and may not be traded until August 31, 2010 except as permitted by Canadian securities legislation and the TSX Venture Exchange.

The Company is pleased that Kinross Gold Corporation (“Kinross”) maintained its relative interest of approximately 13% in BCGold Corp. and subscribed for 1,750,000 of the NFT Units. The remainder of the offering was subscribed by the Dynamic Group of Funds, MineralFields Group of Companies, and a number of private investors. Finder's fees totalling $49,930 in cash, equal to 6% and 7% of the amount placed by certain finders, and 560,000 broker’s warrants options were paid by the Company. BCGold Corp. intends to use the proceeds from the offering to offset general operating and direct exploration project costs, primarily on the Company’s Engineer Mine Property and Voigtberg Property in British Columbia.

No directors or insiders of the Company participated in this financing.

About BCGold Corp.

BCGold Corp. (TSX-V: BCG) is a Vancouver-based junior resource company focused on copper and gold exploration in under-explored historic and emerging mining districts in British Columbia and Yukon. BCGold Corp. acquires and develops conceptual, early and mid-stage, exploration opportunities and advances them towards resource development by using internal expertise, engaging preferred joint venture partners, and creating strategic alliances with major exploration and mining companies.

On behalf of the Board of Directors, For further information, please contact:

Brian P. Fowler, P. Geo.                                                      Investor Relations
President & CEO                                                                   Tel: 604-646-1589
                                                                                         Email: info@bcgoldcorp.com

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.

Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future payments, expenditures and unit issuances and exploration, development and production activities. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the timing of future payments, expenditures and unit issuances and the timing and success of future exploration, development and production activities.



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