Viper Gold Ltd. ("Viper" or the "Company") (TSX VENTURE:VPR) has closed its
previously-announced non-brokered private placement which was increased to
5,500,000 units (each, a "Unit") at $0.01 per Unit for total gross proceeds of
$55,000 (the "Offering"). Each Unit consists of one common share and one common
share purchase warrant, each exercisable at $0.05 until July 10, 2014 and
thereafter at $0.10 until July 10, 2015.


In conjunction with the Offering, the Company paid to arm's length finders fees
in the aggregate amount of $4,500 in cash and 450,000 finder's share purchase
warrants, issued on the same terms as the Offering warrants.  


All securities issued pursuant to the Offering and to the finder are subject to
a hold period until November 11, 2013. 


In accordance with the TSX Venture Exchange Bulletin dated August 17, 2012
entitled Private Placements - Temporary Relief from Certain Pricing Requirements
as amended on April 12, 2013, the Company wishes to advise that it will use the
proceeds from the Offering as follows:




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Payment                                         Amount    Timing of Payments
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Accounting services in connection with                                      
compliance and reporting obligations           $12,000            On Closing
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Legal services in connection with                                           
compliance and reporting obligations           $12,000            On Closing
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Corporate maintenance and filing fees          $11,500            On Closing
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Private Placement Commissions                   $4,500            On Closing
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Expenses of Private Placement                   $2,000            On Closing
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Trust Agent, News Releases, Insurance,                                      
website maintenance                             $3,000            On Closing
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Unallocated                                    $10,000     Disbursed monthly
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The Company confirms that, with the exception of up to an aggregate amount of
$12,000, no funds raised as part of the Offering will be used to pay any
liabilities owed to any related parties of the Company. The Offering was
approved by the Company's board of directors, excluding those directors that
have a direct interest in the Offering.


Company Profile 

Viper Gold Ltd. is an emerging Canadian based junior exploration company focused
on the precious metals potential of the "Gold Corridor" in Northern Peru and the
Abitibi Greenstone Belt of Ontario, Canada. 


Further Information 

For further information relating to the Company or this release please visit the
Viper Gold website at www.vipergoldltd.com.


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 release.


Statements in this press release may contain forward-looking information,
including statements with respect to the Company's intended use of proceeds from
the Offering. The reader is cautioned that assumptions used in the preparations
of such information, including that the Company will be able to obtain any
government or other regulatory approvals required to complete the Offering and
the Company's planned exploration activities. Events or circumstances may cause
actual results to differ materially from those predicted, as a result of
numerous known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company. These risks include, but are not
limited to, the risks associated with the mining industry and commodity prices
and the risk that insufficient financing will be obtained on terms acceptable to
the Company that will allow the Company to continue its exploration programs in
Peru and Canada. The reader is cautioned not to place undue reliance on this
forward-looking information. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Viper Gold Ltd.
Paul Davis
905-767-9177
www.vipergoldltd.com