TORONTO, ONTARIO-- Vencan Gold Corporation (Vencan Gold) (TSX VENTURE:VCG) would like to announce that, further to its press release dated April 6, 2006 announcing a private placement of 6,000,000 Flow Through Common Shares and 4,250,000 Units of Vencan Gold, it has increased the maximum size of the Flow Through Common Shares and Units being offered pursuant to the private placement by an additional 4,000,000 Flow Through Common Shares and 1,750,000 Units respectively for aggregate maximum gross proceeds of the private placement of $1,600,000. The remaining terms of the financing remain unchanged.

Completion of the financing remains subject to regulatory approval.

The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from Vencan Gold's expectations and projections.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.