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En Español - News Release in Spanish

Vancouver, British Columbia – June 12, 2012– Batero Gold Corp. (the “Company”) (TSX-V: BAT) announces that, as a result of a review by the British Columbia Securities Commission, we are issuing the following press release to clarify our disclosure. The Company has re-filed its management’s discussion and analysis for the six months ended February 29, 2012, (the “MD&A”).

In connection with the filing of the Company’s preliminary short form prospectus datedJune 1, 2012, the BCSC requested the Company amend and restate certain information contained in the MD&A.  The MD&A has been amended to include:

(a)              a discussion of significant factors that caused changes to the Company’s general and administrative expenses for the six months ended February 29, 2012 and February 28, 2011, and the purpose of such expenses;

(b)             a comparative analysis of the Company’s operations for the six months ended February 29, 2012 and February 28, 2011;

(c)              a discussion regarding the use of proceeds from the Company’s financings completed during the six months ended February 29, 2012; and

(d)             material factors and assumptions used to develop forward-looking information contained in the MD&A.

There are no other material changes to the previously filed MD&A or financial statements. 

ON BEHALF OF THE BOARD OF

BATERO GOLD CORP.

Brandon Rook

President & CEO
Batero Gold Corp.

For further information please contact: 

Batero Gold Corp.

Tel: 604.568.6378 or

Email: info@baterogold.com

Neither TSX Venture Exchange nor its Regulation Service Provider ( as that term is defined in the policies of the TSX Venture Exchange ) accepts responsibility for the adequacy or accuracy of this release.