VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 17, 2014) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES.

Tyhee Gold Corp. (TSX VENTURE:TDC) (the "Company") announces that it has proposed revisions to its previously announced non-brokered private placement (the "Offering") (see Tyhee release dated November 25, 2014.) This latest offering would include up to 24,000,000 Units of the Company (the "Units"), which would return gross proceeds to the Company of up to CAD$1,440,000. Each Unit consists of one common share of the Company (a "share") and one share purchase warrant (a "Warrant.") Each Warrant will entitle the holder to purchase a further common share in the Company (the "Warrant Share") at a price of CAD$0.10 per Warrant Share, expiring 24-months from the date of issuance upon closing of the Offering. All securities sold in the Offering will be subject to a 4-month hold period from closing.

The Company may pay a finder's fee on the Offering within the maximum amount permitted by the policies of the Exchange. Closing of this offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange (the "Exchange"). The proceeds from the Offering will be used for general corporate purposes.

Neither the 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.