TORONTO, ONTARIO-- Vencan Gold CorporationVencan Gold Corporation (Vencan Gold) (TSX VENTURE:VCG) would like to announce that, further to its press release dated April 6, 2006 and April 18, 2006 announcing a private placement of up to 10,000,000 Flow Through Common Shares and 6,000,000 Units of Vencan Gold, it has increased the size of the Units being offered pursuant to the private placement by an additional 3,750,000 Units for aggregate gross proceeds in the private placement of up to $1,975,000.

The additional financing will be conducted on a brokered basis with Union Securities Ltd. and in conjunction with the financing, the Corporation has agreed to pay a commission fee and broker warrants to Union Securities Ltd. The remaining terms of the financing remain unchanged.

Completion of the financing remains subject to regulatory approval and all securities issued as part of the private placement are also subject to a four(4) month hold period from date of issuance.

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.