Press Release 2006:

Aberdeen Gould, an advisor to Battle Mountain Gold Exploration Corp., has assisted Battle Mountain in closing their purchase of gold royalty assets from IAMGold Corp.

Battle Mountain (www.bmegold.com) is a publicly listed company trading on the OTC Bulletin Board (symbol: BMGX), and holds multiple precious metals royalties.

The purchase of these 11 net smelter royalty interests includes royalties from three operating mines and strengthens Battle Mountain’s foundation in building a significant international portfolio of gold royalty assets.

Aberdeen Gould was involved in the financial and strategic analysis of the transaction, negotiations, and acted in an advisory role to Battle Mountain management. Financing options were provided, and a portion of the equity component was placed before the transaction closed using primarily a gold facility and bridge facility from Macquarie Bank Limited.

Aberdeen Gould (www.aberdeengould.com) is a Toronto based
investment bank that provides equity and debt financing, as well as merger and acquisition services to small and midmarket private and public companies. It is a registered Limited Market Dealer in good standing with Ontario Securities Commission.

© 2006 Aberdeen Gould - All Rights Reserved