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5/1/2007 9:59:00 AM ET
Pacific Gold Corp. Announces Annual Meeting

TORONTO, May 1, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Pacific Gold Corp., (OTCBB: PCFG) is pleased to announce that its annual Shareholder Meeting will be held on Wednesday June 20th, at 10:00 a.m., in Las Vegas, Nevada, at Caesar's Palace Hotel and Casino.

Proxies are being mailed to shareholders who were holders of common stock as of the close of business on April 27, 2007.

The Company is asking that all shareholders, who receive a proxy, submit their proxy card.

The Board of Directors recommends voting for the amendment to increase the authorized shares outstanding, in order that the Company will be well situated for future financing and acquisition opportunities.

To find out more about Pacific Gold Corp. (OTCBB: PCFG), visit our website at www.pacificgoldcorp.com. Or contact the Company directly at 416-214-1483.

About the Company

The Company's business plan provides for the acquisition and development of production-ready and in-production mining operations. The Company is currently focused on alluvial gold and base metals operations located in western North America. Pacific Gold Corp. owns four operating subsidiaries: Nevada Rae Gold, Inc. ("Nevada Rae") owns and operates the Black Rock Canyon gold mine, located in north-central Nevada; Pilot Mountain Resources Inc. ("Pilot Mountain") owns Project W, a large tungsten based deposit in Nevada; Fernley Gold, Inc. ("Fernley Gold") acquired exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada; Oregon Gold, Inc. ("Oregon Gold") owns the Bear Bench claims and Defiance mine, located in south-western Oregon.

This news release includes forward-looking statements that reflect Pacific Gold Corp.'s current expectations about its future results, performance, prospects and opportunities. Pacific Gold Corp. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "typical", "we are confident" or similar expressions. These forward- looking statements are based on information currently available to Pacific Gold Corp. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2006 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.

SOURCE Pacific Gold Corp.

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