Mr. Anton Drescher reports

DORATO ANNOUNCES MANAGEMENT CHANGES

Dorato Resources Inc. has made the following management changes. Carlos Ballon was appointed to replace Anton Drescher as president and chief executive officer of the company on March 2, 2012 (see news release of the same date). Unfortunately, through inadvertence, the prior approval of the TSX Venture Exchange was not obtained for Mr. Ballon to serve as an officer of Dorato. Accordingly, at the request of the TSX-V, Mr. Ballon today resigned as the president and CEO of Dorato. Mr. Ballon will be applying for approval from the exchange and looks forward to serving Dorato in the capacity of an officer as well as a director in due course.

Rowland Perkins, also a current director of Dorato, has been appointed by the board of directors as the interim president and CEO of the company.