LATEEGRA GRANTS STOCK OPTIONS

August 31, 2010, Vancouver, BC:  Lateegra Gold Corp. (the “Company”) (LRG – TSX Venture) announces that it has granted incentive stock options under its 2010 stock option plan largely to its new directors and also to certain officers and consultants for the purchase of up to 300,000 common shares of the Company for a period of two years at a price of $0.40 per share.

ON BEHALF OF THE BOARD OF DIRECTORS

“Christopher 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."