2011-06-09 20:44 ET - Prospectus Approved

Aguila American Gold Ltd.'s short form offering document dated April 20, 2011, was filed with and accepted by the TSX Venture Exchange on April 28, 2011. The exchange has now been advised that the offering has closed on May 19, 2011.

Agent:  Canaccord Genuity Corp.

Offering:  4.44 million units

Unit price:  45 cents

Agent's commission:  cash payment of $159,840

Agent's warrants:  355,200 warrants, each warrant exercisable until May 19, 2013, at a price of 65 cents to acquire one common share