REN Renaissance Gold Inc

Further to its news release of November 2, 2010, trading of the common shares of Renaissance Gold Inc. ("Renaissance Gold") (TSX VENTURE: REN) on the TSX Venture Exchange did not occur at the market open on November 4, 2010 as expected, as the distribution of Renaissance Gold common shares to the former shareholders of AuEx Ventures, Inc. as contemplated by the previously announced plan of arrangement involving Renaissance Gold, AuEx Ventures, Inc. and Fronteer Gold Inc. (the "Arrangement") has not been completed. Trading will remain halted until such time as the public distribution is completed. Renaissance Gold will issue a further news release to announce the trade opening, prior to commencement of trading.

For further information with respect to the Arrangement, please refer to the joint news releases of AuEx Ventures, Inc. and Fronteer Gold Inc. dated August 30, 2010 and November 2, 2010, and the Information Circular of AuEx Ventures, Inc. dated September 28, 2010, which are available for viewing through the Internet at the SEDAR website (www.sedar.com) under AuEx Ventures, Inc.'s Issuer Profile. Appendix "F" to the Information Circular of AuEx Ventures, Inc. contains information relating to Renaissance Gold and its business and operations.

About Renaissance Gold Inc.

Renaissance Gold is a precious metals exploration company that has a current portfolio of 18 exploration projects in Nevada, one project in Utah, four projects in Argentina and one project in Spain. Renaissance Gold controls approximately 100,000 acres of unpatented claims and fee land in prospective areas of Nevada. Fifteen of the projects are in exploration earn-in or formal joint venture agreements with nine companies who provide exploration funding. Renaissance Gold applies the extensive exploration experience and high-end technical skills of its founders to search for and acquire new precious metal exploration projects that are then offered for joint venture.

Renaissance Gold Inc.

By: Ronald L. Parratt, President and CEO

This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Renaissance Gold believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Renaissance Gold's management on the date the statements are made. Except as required by law, Renaissance Gold undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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: Renaissance Gold Inc. Ronald L. Parratt 775-337-1545 rparratt@rengold.com Renaissance Gold Inc. Richard L. Bedell 775-337-1545 rbedell@rengold.com