Private Placement Extended Annual General Meeting Rescheduled

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

SHOSHONI GOLD LTD.

609-475 HOWE STREET, VANCOUVER BC V6C 2B3

TEL: (604) 682-1643 FAX: (604) 682-1666 [email protected]

TSX VENTURE EXCHANGE SYMBOL: SHJ

News Release

November 20, 2012

Private Placement Extended

Annual General Meeting Rescheduled

Further to News Releases dated August 13, 2012 and September 10, 2012 Shoshoni Gold Ltd. (the “Company”) has extended until the end of this month closing of its non-brokered private placement of up to 20,000,000 units at a price of $0.05 per unit for gross proceeds of up to $1,000,000. All terms and conditions of the private placement remain the same.

The Company’s Annual General Meeting originally set for December 17, 2012 has been rescheduled to be held December 28, 2012.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless an exemption from such registration is available.

On behalf of the Board,

Ralf Hillebrand, President & CEO

SHOSHONI GOLD LTD.

Neither 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.

Cautionary Statement This document contains “forward-looking statements” within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration plans and other future plans and objectives, are forwardlooking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company’s documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound.