Lateegra Gold Shareholders Vote 99.98% in Favour of Arrangement With Excellon Resources

Lateegra Gold Corp. ("Lateegra" or the "Company") (TSX VENTURE:LRG) is pleased
to announce the results of its Special Meeting of Shareholders (the "Meeting")
held on July 29, 2011 in Toronto, Ontario. At the Meeting, Lateegra Shareholders
voted 99.98% in favour of the proposed arrangement (the "Arrangement") with
Excellon Resources Inc. ("Excellon") (TSX:EXN) to be carried out by way of a
plan of arrangement pursuant to the Business Corporations Act (British
Columbia).


Pursuant to the Arrangement, each Lateegra shareholder will be entitled to
receive 0.54 common shares of Excellon for every one (1) share of Lateegra (the
"Exchange Ratio") held by that shareholder on the effective date of the
Arrangement. Each outstanding option of Lateegra shall be exchanged for options
of Excellon that will entitle the holder to receive, upon the exercise thereof,
Excellon shares equal to the product of: (a) the number of Lateegra shares
subject to such Lateegra option immediately prior to the effective time of the
Arrangement and (b) the Exchange Ratio. Each outstanding warrant of Lateegra
will entitle the holder to receive, upon the exercise thereof, Excellon shares
equal to the product of: (a) the number of Lateegra shares subject to such
Lateegra warrant immediately prior to the effect time of the Arrangement and (b)
the Exchange Ratio. 


Completion of the Arrangement is subject to the approval of the Supreme Court of
British Columbia (the "Court") and final acceptance by the TSX Venture Exchange
(the "Exchange"). 


At 9:00 a.m. on August 3, 2011, Lateegra plans to apply to the Court at 800
Smithe Street, Vancouver, British Columbia, to obtain the Final Order of the
Court approving the Arrangement pursuant to the Interim Order of Justice Savage
dated June 28, 2011. At the hearing, any securityholders of Lateegra and any
other interested parties who wish to participate or to be represented or to
present evidence or arguments may do so, subject to filing with the Court and
delivering a notice of such intention to appear to Anne Mutter, Boughton Law
Corporation, Suite 700, 595 Burrard Street, Vancouver, British Columbia V7X 1S8,
counsel for Lateegra, no later than 4:00 p.m on August 2, 2011, the day
immediately preceding the date of the hearing. Assuming the Court issues its
Final Order approving the Arrangement and the Exchange gives final acceptance of
the Arrangement, Lateegra proposes to complete the Arrangement on or about
August 5, 2011.


About Lateegra: 

Lateegra is a junior exploration company with gold exploration properties
primarily located in northeastern Ontario and northwestern Quebec. Lateegra
holds interest in three promising gold properties, the DeSantis Mine Project in
Timmins, Ontario, the Beschefer Project, near Matagami, Quebec and the Stoughton
Project, near the Holt-Holloway Gold Mine.


About Excellon:

Excellon, a mineral resource company operating in Durango and Zacatecas States,
Mexico, is committed to building value through production, expansion and
discovery. Excellon is producing silver, lead and zinc from the high-grade manto
Mineral Resource on its large, 100% owned Platosa Property, strategically
located in the middle of the Mexican silver belt. Excellon's focus is on
expanding its operating capacity and increasing its Mineral Resources at Platosa
where an exploration program focused on diamond drilling and advanced
geophysical techniques is ongoing. All of these activates are fully funded
through existing cash flow. The Platosa Property, not fully explored, has
several geological indicators of a large mineralized system.


On behalf of

EXCELLON RESOURCES INC.

Jeremy Wyeth, President and Chief Executive Officer

LATEEGRA GOLD CORP.

Christopher Verrico, President and Chief Executive Officer

This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 27E of the Exchange Act. Such
statements include, without limitation, statements regarding the future results
of operations, performance and achievements of the Company, including potential
property acquisitions, the timing, content, cost and results of proposed work
programs, the discovery and delineation of mineral deposits/resources/reserves,
geological interpretations, proposed production rates, potential mineral
recovery processes and rates, business and financing plans, business trends and
future operating revenues. Although the Company believes that such statements
are reasonable, it can give no assurance that such expectations will prove to be
correct. Forward-looking statements are typically identified by words such as:
believe, expect, anticipate, intend, estimate, postulate and similar
expressions, or are those, which, by their nature, refer to future events. The
Company cautions investors that any forward-looking statements by the Company
are not guarantees of future results or performance, and that actual results may
differ materially from those in forward looking statements as a result of
various factors, including, but not limited to, variations in the nature,
quality and quantity of any mineral deposits that may be located, significant
downward variations in the market price of any minerals produced (particularly
silver), the Company's inability to obtain any necessary permits, consents or
authorizations required for its activities, to produce minerals from its
properties successfully or profitably, to continue its projected growth, to
raise the necessary capital or to be fully able to implement its business
strategies. All of the Company's public disclosure filings may be accessed via
www.sedar.com and readers are urged to review these materials, including the
technical reports filed with respect to the Company's mineral properties, and
particularly the January 15, 2010 NI 43-101-compliant technical report prepared
by Scott Wilson Roscoe Postle Associates Inc. with respect to the Platosa
Property. This press release is not, and is not to be construed in any way as,
an offer to buy or sell securities in the United States.