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Message: NR name change to Brigus Gold, 4 to 1 consoildation, 5.47 Apollo/1 Linear,

Apollo and Linear Announce Combined Entity to be Named

Brigus Gold Corp. Following Closing of Proposed Merger

Denver, Colorado; Halifax, Nova Scotia; May 18, 2010

– Apollo Gold Corporation (TSX: APG, NYSE

Amex: AGT) (“Apollo”) and Linear Gold Corp. (TSX:LRR) (“Linear”) announce a new corporate

identity and name, Brigus Gold Corp. (“Brigus Gold”), which is expected to take effect following the

closing of their proposed business combination (the “Merger”), subject to applicable respective

shareholder approvals.

The new logo for the proposed combined entity is presented here:

Pursuant to a definitive agreement executed by Apollo and Linear announced on April 1, 2010, Apollo

and Linear agreed to the Merger by way of a court-approved plan of arrangement. The Merger is

expected to close by the end of June 2010, subject to customary closing conditions, including receipt of

all necessary regulatory, court and shareholder approvals.

As a part of the Merger, Apollo and Linear believe that it is in the best interests of the combined company

to effect a name change and to undertake a share consolidation on the basis of one post-consolidation

combined entity common share for every four Apollo common shares outstanding immediately prior to

the share consolidation. The trading ticker symbols for the combined entity on the TSX and NYSE Amex

will be announced in due course.

The proposed share consolidation and name change will be submitted to the Apollo shareholders for

approval at the shareholder meeting to approve, among other things, the issuance of 5.4742 Apollo

common shares for each common share of Linear and other matters relating to the Merger and would only

be effective upon the closing of the Merger. If approved by the Apollo shareholders, the proposed share

consolidation would affect all combined entity shareholders uniformly. After giving effect to the Merger

and the consolidation, Linear shareholders will receive approximately 1.37 combined entity shares for

each Linear share on completion of the Merger (5.4742 divided by 4).

Wade K. Dawe, Chief Executive Officer and President of Linear, who is slated to become CEO and

President of the combined entity, said, “We are proud to unveil Brigus Gold to Apollo and Linear

shareholders to help brand a unique, strong and dynamic mid-tier gold investment vehicle of choice for

new and existing shareholders. We plan to develop Brigus Gold into Canada’s next mid-tier gold

producer based on our outlook for increased gold production and resources. We believe that Brigus Gold

represents a solid platform for growth in shareholder value based on: (i) growing production and cash

flow from the Black Fox Mine; (ii) an excellent development pipeline of projects in low-risk operating

jurisdictions; (iii) a strengthened balance sheet that positions the company to capitalize on development

and exploration opportunities; (iv) a strong management team with development, operational and

financial expertise and (v) improved access to the capital markets and enhanced trading liquidity.”


The combined entity will focus on optimizing its key Black Fox gold operations (mine, mill and adjoining

Pike River and Grey Fox properties) in the Timmins gold mining district in Ontario and advancing to

production the Box deposit at the Goldfields property in Saskatchewan. The combined entity will also

continue to strategically advance its Ixhuatan and Huizopa gold projects in Mexico.

Both the proposed share consolidation and name change must be approved by at least two-thirds of the

votes cast at the Apollo Meeting.

Each of Apollo and Linear has called for their respective shareholder meetings to be held on June 24,

2010, with a record date for each meeting established as May 25, 2010.

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