LATEEGRA CLOSES PRIVATE PLACEMENT

April 21, 2010, Vancouver, BC: Lateegra Gold Corp. (the “Company”) (LRG – TSX
Venture) is pleased to announce the closing of the non-brokered private placement
announced March 3, 2010, for total gross proceeds of $830,250. The private placement
consists of 3,321,000 units at $0.25 per unit, each unit consisting of one common share
and one transferable share purchase warrant exercisable into one additional common
share at a price of $0.40 per share until April 21, 2012.

The Company paid a total of $71,125 in finders’ fees and issued share purchase
warrants authorizing finders to purchase up to 284,500 common shares of the Company
at a price of $0.40 per share until April 21, 2012.
All securities issued under the placement are subject to hold periods expiring on August
22, 2010.

The Company also announces that it has granted incentive stock options under its 2010
stock option plan to its directors, officers and consultants for the purchase of up to
890,000 common shares of the Company for a period of two years at a price of $0.28
per share.

ON BEHALF OF THE BOARD OF DIRECTORS
"Chris Verrico"

Chris Verrico, President and CEO

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release."