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Entrée Gold completes prospectus offering for C$12.5 million

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Entrée Gold Inc.

On November 30, 2011, Entrée Gold Inc. (the Company or Entrée) closed a short form prospectus offering (the Offering) of 10,000,000 common shares of the Company at a price of $1.25 per Common Share for an aggregate gross proceeds of CDN $12.5 million. The Offering was conducted through a syndicate of underwriters led by Desjardins Securities Inc., and including National Bank Financial Inc. and TD Securities Inc. Entrée was advised by a team of Fasken Martineau lawyers that included Lata Casciano and Amanda Robinson (securities) and Frank Schober (tax) in Vancouver and Bruce Blain (securities) in Toronto.

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