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April 15, 2008, Vancouver, BC: Lateegra Gold Corp. (the "Company") (TSX.V: LRG Frankfurt: LTG) announces that the Company has granted incentive stock options to it's directors, officers, consultants and employees, under its Stock Option Plan, for the purchase of up to 1,940,000 common shares of the Company for a period of 5 years at a price of $0.20 per share. In addition, the Company has granted incentive stock options to KCrew Communications Inc. for the purchase of up to 150,000 common shares of the Company at a price of $0.20 per share, a total of up to 75,000 common shares of the Company at a price of $0.25 per share, and a total of up to 75,000 common shares of the Company at a price of $0.30 per share for a total of 300,000 common shares of the Company for a period of 2 years pursuant to an Investor Relations Agreement announced March 27, 2008.
On October 27, 2006, the Company announced the granting of a total of 1,820,000 incentive stock options at an exercise price of $1.10 per share for a two year period, subject to approval at the Company's Annual General Meeting held in March, 2007. Upon receipt of that approval the options became effective, with an expiry date of April 16, 2009. The Company wishes to announce that a total of 310,000 of those incentive stock options have been re-priced to reflect an exercise price of $0.25, 199,000 of those incentive stock options have been re-priced to reflect an exercise price of $0.40 and 50,000 of those incentive stock options have been cancelled. The expiry date shall remain April 16, 2009. The aforementioned incentive stock option re-pricing does not involve options granted to directors or officers of the Company.
ON BEHALF OF THE BOARD OF DIRECTORS
LATEEGRA GOLD CORP.
"Chris Verrico"
Chris Verrico
President
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.
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Lateegra Gold Corp. 
