NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED
STATES


Dorato Resources Inc. ("Dorato" or the "Company") (TSX
VENTURE:DRI)(FRANKFURT:DO5) is pleased to announce that it has closed its
previously announced non-brokered private placement financing through the
issuance of 4,761,000 units (the "Units") at a price of $1.05 per Unit for total
gross proceeds to the Company of $4,999,050 (the "Offering"). Each Unit is
comprised of one common share of the Company and one-half of one common share
purchase warrant, each whole warrant entitling the holder to purchase one common
share of Dorato at a price of $1.65 per share until July 29, 2011.


Proceeds from the Offering will be used for exploration of the Cordillera del
Condor Gold District in northern Peru and for general working capital and
corporate purposes.


The securities issued pursuant to the Offering are subject to a hold period that
will expire on May 30, 2010. The Offering has received conditional TSX Venture
Exchange ("TSXV") acceptance but remains subject to final TSXV approval.


The securities described herein have not been registered under the U.S.
Securities Act of 1933, as amended, or any State Securities Laws and may not be
offered or sold in the United States or to U.S. persons unless an exemption from
registration is available. This news release does not constitute an offer to
sell or a solicitation of an offer to buy any of the securities described herein
in the United States.


Stock Options

Pursuant to its 2009 Incentive Stock Option Plan, Dorato has granted incentive
stock options to certain directors, officers, employees and consultants allowing
them to purchase up to an aggregate of 1,500,000 common shares in the capital
stock of the Company. The options are exercisable at a price of CAD 1.09 for a
period of two years ending January 29, 2012.


About Dorato Resources Inc.

Dorato Resources Inc. is mineral exploration company focused on the highly
prospective Cordillera del Condor Gold District in northern Peru and adjacent to
the border with Ecuador - one of the most important gold-bearing districts in
the region since pre-Incan times. Modern exploration on the Ecuadorian side of
the border has successfully delineated a number of world-class gold and copper
deposits including Kinross Gold's Fruta del Norte gold deposit with inferred
resources of 13.6 million ounces gold at 7.23 g/t gold. The Peruvian portion of
the Cordillera, while sharing key geological features and stratigraphy, has
remained almost entirely unexplored until now.


Dorato, through a series of option agreements, has the right to wholly acquire
an extensive land package of approximately 800 square kilometres - providing the
Company a highly strategic position in this emergent gold district. Dorato is
well funded and possesses experienced management with a proven track record.


On behalf of the board of directors of DORATO RESOURCES INC.

Keith J. Henderson, President and CEO

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain "forward-looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of 1995.
All statements, other than statements of historical fact, included herein
including, without limitation, statements regarding intentions with respect to
the Offering, are forward-looking statements. Forward-looking statements involve
various risks and uncertainties. There can be no assurance that such statements
will prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from Dorato's expectations
include the uncertainties involving the need for additional financing to explore
and develop properties and availability of financing in the debt and capital
markets; uncertainties involved in the interpretation of drilling results and
geological tests and the estimation of reserves and resources; the need to
obtain permits and governmental approvals; risks of construction and mining
projects such as accidents, equipment breakdowns, bad weather, non-compliance
with environmental and permit requirements, unanticipated variation in
geological structures, ore grades or recovery rates; unexpected cost increases;
fluctuations in metal prices and currency exchange rates, and other risks and
uncertainties disclosed in Dorato's documents filed with applicable securities
regulatory authorities from time to time. Dorato's forward looking statements
reflect the beliefs, opinions and projections on the date the statements are
made. Dorato assumes no obligation to update the forward looking statements of
management beliefs, opinions, projections, or other factors should they change.


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