UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month ofSeptember 2006
Commission File No.0-50953
EVOLVING GOLD CORP.
(Translation of registrant's name into English)
Suite 1500 - 885 West Georgia Street, Vancouver, British Columbia, V6Z 3E8
(Address of principal executive office)
[Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F]
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) [ ]
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):N/A
Evolving Gold Corp.
Suite 1500, 885 West Georgia Street
Vancouver, BC V6E 4A2
Phone (604) 685 6375
info@evolvinggold.com
News Release
Evolving Gold Announces Closing of Non-Brokered Private Placement
Vancouver, British Columbia, September 13, 2006: Evolving Gold Corp. ("Evolving Gold") (CNQ:GOLD), (OTCBB:EVOGF)is pleased to announce that it completed a non brokered private placement of 1,500,000 units (the "Units") at a price of $0.30 CDN per Unit (the "Private Placement"). Each Unit is comprised of one common share and one non-transferable common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share of Evolving Gold at $0.40 CDN per share for a period of two years from the date of closing of the Private Placement. Evolving Gold paid finder's fees equal to 10% of the total number of Units purchased by Investors introduced to Evolving Gold by the finder who actually purchased Units under the Offering. These finder's fees were payable in cash or Units at the individual finder's election. One finder also received a finder's warrant from Evolving Gold. All securities issued are subject to a four month hold period from the date of issue.
The securities offered as part of the Private Placement will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold within the United States or to, or for the account or benefit of, "U.S. persons", as such term in defined in Regulation S promulgated under the U.S. Securities Act, except in certain transactions exempt from the registration requirements of the U.S. Securities Act.
The proceeds of this Private Placement will be used to fund exploration and corporate activities on Evolving Gold's properties, including the Winnemucca Mountain Property, Labrador Property and the Malone Property in New Mexico and for general working capital.
This news release shall not constitute an offer to sell or an offer to buy the securities in any jurisdiction.
ON BEHALF OF EVOLVING GOLD CORP.
"Warren McIntyre"
Warren McIntyre
Chief Financial Officer, Corporate
Secretary and Director
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
EVOLVING GOLD CORPORATION
Date: September 15, 2006
/s/ Warren McIntyre
__________________________________
Name: Warren McIntyre
Title: Chief Financial Officer, Corporate
Secretary and Director
