Lateegra Gold Corp (2)
SymbolLRG
Shares Issued13,676,691
Close 2009-11-19C$ 0.40
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Lateegra Gold clarifies finder's fee to First Cdn

2009-11-19 19:15 ET - News Release

Mr. Peter Dickie reports

LATEEGRA CLARIFIES PAYMENT OF FINDER'S FEE IN PRIVATE PLACEMENT WITH MINERALFIELDS

Further to Lateegra Gold Corp.'s news release in Stockwatch on Oct. 15, 2009, the company is clarifying the payment of the consideration to the finder. The company will pay a cash finder's fee to First Canadian Securities (a division of Limited Market Dealer Inc.) equal to 6 per cent of the flow-through units subscribed for, as well as a finder's fee in the form of non-flow-through common share purchase warrants equal to 7 per cent of the number of flow-through units subscribed for. Each finder's warrant will entitle the holder to purchase an additional non-flow-through common share of the company at a price of 40 cents per share for a period of 24 months from closing.

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