HIF Hidefield Gld

    Issue of Equity
             



                         HIDEFIELD GOLD PLC

                           ISSUE OF EQUITY
Hidefield Gold Plc ("Hidefield" or the "Company") (AIM: HIF)
announces that pursuant to the agreement with Mines Trust Company
("Mines Trust") which entitles the Company to acquire the remaining
40 per cent. interest that it does not already own in the Golden Zone
and South Estelle Projects ("the Projects") in Alaska, the Company
has issued and allotted, subject to admission to trading on AIM,
2,000,000 ordinary shares of 1p each at a price of 3.75p per share
("the Consideration Shares") to Mines Trust.  This satisfies the
first payment due to Mines Trust of US$150,000 which was due on or
before 30 June 2008.  Three further cash payments, each of
US$110,000, are scheduled to be made on or before 31 December 2008,
31 December 2009 and 31 December 2010.  Following the final cash
payment Hidefield will own 100 per cent. of the Projects.
The Consideration Shares will rank pari passu with the existing
ordinary shares in the Company.  Application has been made for
admission of the Consideration Shares to trading on AIM which is
expected to take place on 3 July 2008.  Following the issue of the
Consideration Shares, there will be 277,322,651 ordinary shares in
issue.



Enquiries:


Hidefield Gold Plc
Ken Judge, Chairman                     + 44 773 300 1002

Investor Relations                      + 44 20 7976 2889
Paul Ensor

Hanson Westhouse Limited (Nomad)        + 44 113 246 2610
Tim Feather / Matthew Johnson

Landsbanki Securities (UK) Ltd (Broker) + 44 20 7426 9000
Tom Hulme

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