SAN GOLD CORPORATION ANNOUNCES FINAL TORONTO STOCK EXCHANGE LISTING APPROVAL

SGR:TSXV || SGRCF:OTCQX
www.sangold.ca

BISSETT, MB, Oct. 19 /CNW/ - San Gold Corporation (the "Corporation") is pleased to announce that it has received the final approval of the Toronto Stock Exchange (the "TSX") for the listing of the Corporation's common shares on the TSX. The common shares of the Corporation will commence trading on the TSX on Wednesday, October 20, 2010 under the Corporation's current trading symbol, "SGR".

The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied in the forward-looking information.

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Neither the 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.

For further information:

Dale Ginn

Investor Relations

Chief Executive Officer

1-800-321-8564

San Gold Corporation

[phone]