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UNITED STATESSECURITIES
AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM F-X

APPOINTMENT OF AGENT FOR SERVICE OF PROCESS
AND UNDERTAKING

|A. | Name of issuer or person filing
        (Filer): Yukon-Nevada Gold Corp.     
|-- | -------------------------------------------------------------------------------
|   |                                                                                
|B. | (1)                                                                            
|   |                                                                                
|   | [X]                                                                            
|   |                                                                                
|   | [   ]                                                                          
|   |                                                                                
|   | (2)                                                                            
|   |                                                                                
|   | (3)                                                                            
|   |                                                                                
|C. | Identify the filing in conjunction
        with which this Form is being filed:

| | Name of registrant: | Yukon-Nevada Gold Corp.    
| | ------------------- | ---------------------------
| |                     |                            
| | Form type:          | Form 40-F                  
| |                     |                            
| | File number:        | 000-52699                  
| |                     |                            
| | Filed by:           | Yukon-Nevada Gold Corp.    
| |                     |                            
| | Date filed:         | Filed concurrently herewith

|D. | The Filer is incorporated or organized under the laws of
      Canada and has its principal place of business at Suite 490  688 West
      Hastings Street, Vancouver, British Columbia, V6B 1P1, telephone number
      (604) 688-9427.                                                                                                                                                                                                                                                                                                                                                                            
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|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|E. | The Filer designates and appoints Thomas M. Rose, Esq.
      located at Troutman Sanders LLP, 222 Central Park Avenue, Suite 2000,
      Virginia Beach, Virginia 23462, telephone number (757) 687-7715, as the
      agent of the Filer upon whom may be served any process, pleadings,
      subpoenas, or other papers in                                                                                                                                                                                                                                                                                        
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|   | (a)         any
      investigation or administrative proceeding conducted by the Commission;
      and                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|   | (b)      any civil suit or
      action brought against the Filer or to which the Filer has been joined as
      defendant or respondent, in any appropriate court in any place subject to
      the jurisdiction of any state or of the United States or of any of its
      territories or possessions or of the District of Columbia, where the
      investigation, proceeding or cause of action arises out of or relates to
      or concerns (i) any offering made or purported to be made in connection
      with the securities registered or qualified by the Filer on Form 40-F
      filed September 25,

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|   | 2008 or any purchases or sales of any security in
      connection therewith; (ii) the securities in relation to which the
      obligation to file an annual report on Form 40-F arises, or any purchases
      or sales of such securities; (iii) any tender offer for the securities of
      a Canadian issuer with respect to which filings are made by the Filer with
      the Commission on Schedule 13E-4F, 14D-1F or 14D-9F; or (iv) the
      securities in relation to which the Filer acts as trustee pursuant to an
      exemption under Rule 10a-5 under the Trust Indenture Act of 1939. The
      Filer stipulates and agrees that any such civil suit or action or
      administrative proceeding may be commenced by the service of process upon,
      and that service of an administrative subpoena shall be effected by
      service upon such agent for service of process, and that service as
      aforesaid shall be taken and held in all courts and administrative
      tribunals to be valid and binding as if personal service thereof had been
      made.
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|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|F. | Each person filing this Form in connection
with:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   | (a)        the use of
      Form F-9, F-10, 40-F, or SB-2 or Schedule 13E-4F, 14D-1F or 14D-9F
      stipulates and agrees to appoint a successor agent for service of process
      and file an amended Form F-X if the Filer discharges the Agent or the
      Agent is unwilling or unable to accept service on behalf of the Filer at
      any time until six years have elapsed from the date the issuer of the
      securities to which such Forms and Schedules relate has ceased reporting
      under the Exchange Act;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   | (b)        the use of
      Form F-8, Form F-80 or Form CB stipulates and agrees to appoint a
      successor agent for service of process and file an amended Form F-X if the
      Filer discharges the Agent or the Agent is unwilling or unable to accept
      service on behalf of the Filer at any time until six years have elapsed
      following the effective date of the latest amendment to such Form F-8,
      Form F-80 or Form CB;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   | (c)        its status
      as trustee with respect to securities registered on Form F-7, F-8, F-9,
      F-10, F-80, or SB-2 stipulates and agrees to appoint a successor agent for
      service of process and file an amended Form F-X if the Filer discharges
      the Agent or the Agent is unwilling or unable to accept service on behalf
      of the Filer at any time during which any of the securities subject to the
      indenture remain outstanding; and                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   | (d)        the use of
      Form 1-A or other Commission form for an offering pursuant to Regulation A
      stipulates and agrees to appoint a successor agent for service of process
      and file an amended Form F-X if the Filer discharges the Agent or the
      Agent is unwilling or unable to accept service on behalf of the Filer at
      any time until six years have elapsed from the date of the last sale of
      securities in reliance upon the Regulation A exemption.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|   | Each filer further undertakes to advise the Commission
      promptly of any change to the Agents name or address during the
      applicable period by amendment of this Form, referencing the file number
      of the relevant form in conjunction with which the amendment is being
      filed.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|G. | Each person filing this Form, other than a trustee filing
      in accordance with General Instruction I.(a) of this Form, undertakes to
      make available, in person or by telephone, representatives to respond to
      inquiries made by the Commission staff, and to furnish promptly, when
      requested to do so by the Commission staff, information relating to: the
      Forms, Schedules and offering statements described in General Instructions
      I.(a), I.(b), I.(c), I.(d) and I.(f) of this Form, as applicable; the
      securities to which such Forms, Schedules and offering statements relate;
      and the transactions in such securities.                                                                                                                                                                                                                                                                                                                                                                                                                 

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The
Filer certifies that it has duly caused this power of attorney, consent,
stipulation and agreement to be signed on its behalf by the undersigned,
thereunto duly authorized, in Vancouver, British Columbia, Canada this 25 day of
September, 2008.



YUKON-NEVADA GOLD CORP.

/s/Graham
Dickson
Graham Dickson President and Chief Executive Officer

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This
statement has been signed by the following persons in the capacities and on the
dates indicated.

By:      
  /s/ *Thomas M. Rose*
  Name:  Thomas M. Rose, Esq.

Date:    September 25, 2008

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