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Aug 07, 2009, Vancouver, BC: Lateegra Gold Corp. (the "Company") (LRG - TSX Venture) is pleased to announce the acquisition of additional claims adjacent to the recently acquired "Price" property in the Timmins area of Ontario.
The additional claims adjoin the Price property on the north, through the addition of 2 claims, totaling 3 claim units, and to the south, with the addition of 3 claims totaling 20 claims units. In total, the additions add approximately 920 acres to the Price property.
The additional claims have been added to the original acquisition agreement via addendum, at a cost to the Company of $5,000. All other terms in the agreement remain the same.
The Price is located 20kms southwest of Timmins, and approximately 8kms east-southeast of the West Timmins Mining "Golden River Zone".
Results published by Lake Shore and West Timmins (see NR June 24, 2009) show promising results for a resurgence in this historic mining camp including drilling results of 12.75 grams per tonne gold over an 83.4 meter intercept.
A finders fee will be payable on this transaction in accordance with TSX Venture Exchange policy.
The Company also wishes to advise that the news release dated July 28, 2009 announcing the acquisition of the Price and Eastern Extension properties contained an error - the Eastern Extension property contains 17 claim units, not 18 as reported. In addition, it was stated that the Company may purchase 1% of the Net Smelter Royalty ("NSR") for $1,000,000. The correct statement should read that the Company may purchase 0.5% of the NSR for $1,000,000 leaving the Vendors with a 2% NSR. The Company regrets any confusion this may have caused.
"We are excited to enhance the Company's land holdings in this historic gold mining district. With activity increasing following the recent release of results, land positions in the area are becoming more and more difficult to obtain" states Lateegra Director, Peter Dickie.
ON BEHALF OF THE BOARD OF DIRECTORS
"Peter Dickie"
Peter Dickie, Director
"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." 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. 
