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Veris Gold Corp. Announces Filing Of Final Prospectus Supplement

Toronto Stock Exchange: VG

VANCOUVER, Aug. 9, 2013 /PRNewswire/ - Veris Gold Corp. ("Veris" or the "Company") (TSX: VG) (OTCQB: YNGFF) (Frankfurt Xetra Exchange: NG6A) is pleased to announce it has filed a final prospectus supplement in connection with its previously announced offering (the " Offering") of units (the " Units") and flow-through units (the " Flow-Through Units").

The Company will issue 9,009,800 Units at a price of C$0.52 which will be comprised of one common share of the Company (a " Unit Share") and one half of one common share purchase warrant (each whole warrant, a " Unit Warrant"). Each Unit Warrant will have an exercise price of C$0.60 and entitles the holder thereof to acquire one common share of the Company for a period of thirty-six (36) months following the closing of the Offering.

The Company will also issue 5,813,100 Flow-Through Units only in Canada at a price of C$0.55 which will be comprised of one common share of the Company which qualifies as a "flow-through share" within the meaning of the Income Tax Act ( Canada) (the " Flow-Through Shares") and one half of one common share purchase warrant (each whole warrant, an " FT Unit Warrant"). Each whole FT Unit Warrant shall have an exercise price of C$0.65 and entitle the holder thereof to acquire one common share of the Company for a period of thirty-six (36) months following the closing of the Offering.

The Offering is being conducted on a best efforts agency basis pursuant to an agency agreement among the Company and a syndicate of agents led by Secutor Capital Management Corporation and including Global Hunter Securities, LLC. Global Hunter Securities, LLC will offer the Units only in the United States.  Secutor Capital Management Corporation will offer the Units and Flow-Through Units only in Canada.

The Company intends to use the net proceeds of the Offering to complete the refurbishment of its Jerritt Canyon mill operations, to complete the development of the underground mine facilities at the Saval 4 Gold Mine, fund bonding related to future reclamation obligations, ensure that debt payments are met and for general working capital purposes.  Proceeds from the Flow-Through Units will be used for the funding of exploration activities at the Company's Ketza River property.

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