LATEEGRA CLOSES PRIVATE PLACEMENT

June 12, 2009, Vancouver, BC: Lateegra Gold Corp. (the "Company") (LRG - TSX Venture) is pleased to announce the closing of the non-brokered private placements announced April 28, 2009, and amended June 1, 2009. The Private Placements consist of 750,000 Flow-Through units at $0.14 per unit and 620,000 non flow-through units for total gross proceeds of $191,800. Each flow-through unit consists of one flow-through common share and one transferable share purchase warrant entitling the holder to purchase one additional common share at a price of $0.27 per share on or before June 5, 2011. Each non flow-through unit consists of one common share and one transferable share purchase warrant entitling the holder to purchase one additional common share at a price of $0.27 per share on or before June 5, 2011.

All securities issued under the placement are subject to hold periods expiring on October 6, 2009.

Proceeds of the private placement will be used for exploration projects and for general working capital.

ON BEHALF OF THE BOARD OF DIRECTORS

"Christopher Verrico"
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."

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.