Dynasty Gold Announces Extension of Warrants - Update

Press Release 13-1-2 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 - Update

January 30, 2013, Vancouver, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) ("Dynasty" or the "Company") is pleased to announce that the submission to extend the 10,000,000 Warrants at $0.10, expiring on February 11, 2013, for another 12 months (first announced on January 24, 2013) has been accepted by the Exchange. These Warrants were issued in conjunction with the private placement completed on February 11, 2011 (See press release of February 15, 2011). Each Warrant entitles the holder to purchase one common share at $0.10 and the expiry date will be extended to February 11, 2014 upon the issuance of formal approval by the Exchange.

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.