Dynasty Gold Announces Extension of Warrants

Press Release 13-1-1 1180 - 625 Howe Street Vancouver, BC, V6C 2T6 Tel. (604) 633-2100 Trading Symbols: TSX-V: DYG Fax: (604) 484-3559 www.dynastygoldcorp.com FWB: D5G

Dynasty Gold Announces Extension of Warrants

January 24, 2013, Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) ("Dynasty" or the "Company") announces that the Company will extend the $0.10 Warrants expiring on February 11, 2013 for another 12 months subject to the approval of the Exchange. These Warrants were issued in conjunction with the private placement completed on February 11, 2011.

About Dynasty Gold Corp.

Dynasty Gold Corp. is a Canadian gold exploration company currently engaging in property review, acquisition, exploration and development. For more information on the Company and its projects, please refer to the website www.dynastygoldcorp.com.

ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.

“Ivy Chong”

_________________________________ Ivy Chong, President & CEO

For additional information please contact our Vancouver Office:

Ms. Ivy Chong Phone: 604.633.2100 Email: [email protected]

This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.