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December 03, 2008, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) is pleased to announce the acquisition of the La Rose claims, located southeast of Stewart, B.C.
The La Rose property consists of 3 mineral claims with a gross area of 585 hectares (1,446 acres). The property is road accessible from tidewater, northwest of Kitsault, B.C., and lies approximately 15 km’s southeast of the Homestake Ridge property of Bravo Ventures. Bravo Ventures have recently released drill results for their Homestake Ridge Property, including 9.4 m grading 24.9 g/t Au and 1,042 g/t Ag (see Bravo NR November 25, 2008), and an 8.5 m intersection grading 30.2 g/t Au (see Bravo NR November 12, 2008).
Terms of the acquisition include payment to the vendors of a total of $100,000 in staged payments over the next 12 months, and the issuance of a total of 2,000,000 shares in stages, upon TSX Venture exchange approval of the acquisition.
As part of the Company’s due diligence on the property, a site visit was conducted by a company geologist which included the surface sampling of a number of the accessible minfile showings, performed in order to develop a project work plan anticipated for the coming 2009 field season. Assaying of these samples is underway and the Company anticipates results of this preliminary work will be received shortly.
Further to its news release of October 8, 2008, the Company advises that the amount of units issued under its private placement was 4,241,000 for total gross proceeds of $424,100, a difference of 600,000 units or $60,000 as previously announced.
ON BEHALF OF THE BOARD OF DIRECTORS
"Peter Dickie"
Peter Dickie, Director
THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Cautionary note: This report contains forward looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. The company has not filed a National Instrument 43-101 report on any property, but will do so as soon as the information is available. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
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Lateegra Gold Corp. 
