Aurvista Gold Corp. announces that it has completed the second and final closing of its private placement of Units consisting of Common Shares and Warrants as described in its February 27, 2012 press release. Under the first closing completed on March 2, 2012 and the final closing completed on March 9, 2012 Aurvista issued an aggregate of 6,549,000 Common Shares and 3,274,500 Warrants for aggregate proceeds of $1,637,250.00. The securities issued under the second closing may not be traded until July 9, 2012. Under the Offering, each Unit, consisting of a Common Share and a half-warrant was offered at a price of $0.25 per Unit. Each whole warrant entitles the holder to purchase one common share at a price of $0.35 per common share at any time up to 4 o’clock p.m. (Toronto time) on March 2, 2014 (the “Offering”). The Corporation may pay finders’ fees equal to a cash payment of 6%.