Legend Gold Corp.

Legend Gold Corp.

May 10, 2011 11:21 ET

Legend Gold Corp. Shareholders to Elect Directors May 24, 2011

TORONTO, CANADA--(Marketwire - May 10, 2011) - Mr. Scott Waldie, President & CEO of Legend Gold Corp. (the "Corporation" or "Legend Gold") (TSX VENTURE:LGN) reports ANNUAL GENERAL MEETING DATE.

The annual and special meeting (the "Meeting") of shareholders of LEGEND GOLD CORP. will be held at Suite 1000, 36 Toronto Street, Toronto, Ontario, at 4:00 p.m. (Toronto time) on Tuesday, May 24, 2011, for the following purposes:
1.To receive and consider the financial statements of the Corporation for the year ended December 31, 2010, together with the report of the auditors thereon;
2.To elect directors;
3.To reappoint auditors and to authorize the directors to fix their remuneration;
4.To consider and, if thought advisable, ratify and approve the Corporation's existing stock option plan; and
5.To transact such further or other business as may properly come before the Meeting or any adjournment thereof.

At the Meeting, shareholders will be asked to elect seven directors:

J. Gianni Kovacevic has been the President of Kovacevic Consult Inc., a consulting company serving the natural resource sector, since March 2002. Since February 24, 2011, Mr. Kovacevic has been the President, CEO and a director of Choice Gold Corp., a mineral exploration company listed on the TSX Venture Exchange and is the Chairman of Romulus Resources since March 2010. From March 2006 to Sept 2008, Mr. Kovacevic was Manager of Corporate Development for Petaquilla Minerals Ltd., a gold exploration company listed on the TSX, and Petaquilla Copper Ltd., a copper exploration company formerly listed on the TSX which was acquired by Inmet Mining Corp. in 2008.

Ambogo Guindo has been involved in the mineral exploration and development industry for more than 25 years. Mr. Guindo is a native of Mali, and holds a B.Sc. Ingenieur Geologue from the Ecole Nationale D'Ingenieurs Mali, and an M.Sc. in Mineral Exploration from Queen's University, Canada. Since 2002 Mr. Guindo has been the Vice President of the Corporation. Since 2000 Mr. Guindo has also been the principal of Ambogo Consulting, a mineral exploration consulting firm with a focus on exploration in West Africa. From 1987 to 1999 Mr. Guindo was employed by BHP Minerals as a Program Manager.

Scott Hand is Executive Chairman of the Board of Royal Nickel Corporation. Previously, Mr. Hand was the Chairman and Chief Executive Officer of Inco Limited ("Inco") from April 2002 until he retired in January 2007. Prior to that, Mr. Hand was the President of Inco and held positions in Strategic Planning, Business Development and Law. Inco has been a major global Canadian-based resources enterprise and a leading producer and marketer of nickel and other metals. Mr. Hand also serves on the boards of Manulife Financial Corporation (financial services), Juno Special Situations Corporation (mining resource investment), Boyd Technologies LLC (paper non-woven materials), Royal Coal Corp. (mineral resources), and the World Wildlife Fund Canada. Mr. Hand received a BA from Hamilton College and a JD from Cornell University.

Terence Ortslan has been the Managing Director of TSO & Associates, an independent mining, metals and fertilizer research firm, since 1996. He is also a Director of Silvermet Inc., Maudore Minerals Ltd, Plexmar Resources Inc., Bitterroot Resources Ltd. and Niocan Inc. Prior to 1996, Mr. Ortslan worked as a mining analyst with a number of investment firms including BBN James Capel Inc., Loewen, Ondaatje McCutcheon Ltd., Merrill Lynch, Wood Gundy Inc. and Jones Heward & Co. Mr. Ortslan obtained his B.Sc. (Engineering) degree in 1972 and an MBA in 1974, both from McGill University.

Scott Waldie, Lyle Hepburn and George Bell have been previously elected as directors of the Corporation. Biographies are available on company's website.

The corporation's financial statements for the year ended Dec. 31, 2010, Management Information Circular and Voting Instruction Form are available on SEDAR and on the corporation's website.

About Legend Gold

Legend Gold is a gold exploration and development company focused on exploring for gold in the Republic of Mali, West Africa, one of the world's fastest growing gold producing regions. Our four main projects are the Tiekoumala, Lakanfla, Diokeba, and Dalakan Projects. Currently a program consisting of up to 20,000 metres of combined RC and AC drilling is underway at our Tiekoumala project. In recent years, we have made significant gold discoveries on the Tiekoumala project located in southern Mali, and the Lakanfla project located in western Mali. Legend Gold has 61,509,458 common shares issued and outstanding (82,543,018 shares on a fully diluted basis). Please visit our website www.legendgold.com to for more information about our projects.

This news release may contain forward‐looking statements that are based Legend Gold Corp.'s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward‐looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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.

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