Lateegra Announces Amendment to and Closing of Share Exchange with Zorin Industries Inc.

June 18, 2010 Vancouver, B.C.: Lateegra Gold Corp. (the “Company” or “Lateegra”) (LRG – TSX Venture Exchange, LTGA - Frankfurt) wishes to announce that the Company entered into an Amendment Agreement dated May 31, 2010 to amend the terms of the Share Exchange Agreement dated August 20, 2009 with Zorin Industries Inc., a private British Columbia corporation (“Zorin”), and the shareholders of Zorin. The entry into the Share Exchange Agreement was originally announced in a news release dated August 21, 2009.  The Amendment Agreement extended the closing date of the share exchange transaction to June 30, 2010 and reduced the number of shares issuable by the Company for all of the issued and outstanding shares of Zorin from 2,699,996 shares to 2,000,000 shares. The finder’s fee, as previously announced, will not be payable with respect to the transaction.

On June 18, 2010, the Company received final approval of the transaction from the TSX Venture Exchange (the “Exchange”).

Immediately following receipt of Exchange approval, the Company proceeded to close the share exchange transaction and issue 2,000,000 shares to the former shareholders of Zorin in accordance with the terms of the Share Exchange Agreement, as amended.

Zorin is a private British Columbia company engaged in the business of mineral exploration in Ontario.  Zorin has an option to acquire a 100% interest in and to seven mineral claims covering an area of approximately 809 hectares (2,000 acres), located in the Satterly Lake area, Red Lake Mining Division, Ontario (the “Property”).  Upon the exercise of the option, Zorin has agreed to grant a 1.5% net smelter royalty to the two beneficial holders of the Property.  At any time prior to a formal decision to commence commercial production, Zorin may purchase 0.5% of the net smelter royalty for $1 million.

The Company also announces that Peter Dickie has resigned as director of the Company.  Patrick Morris has been appointed in his place.  Mr. Morris is President of Vimoris Ventures Inc., a company which provides management consulting, corporate finance and business development services to public and private companies.  Mr. Morris has served on the board and managed several exploration companies from incorporation to listing on the TSX Venture Exchange.  Mr. Morris has also enjoyed success in the field of marketing as a specialist in financial programming and advertising for public companies in the media.

The Company would like to thank Mr. Dickie for his service to the Company.

ON BEHALF OF THE BOARD OF DIRECTORS
“Christopher Verrico”    
President

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