BAT Batero Gold Corp

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Batero Gold Corp. ("the Company") (TSX VENTURE:BAT) wishes to announce that in
order to satisfy additional demand it has increased the size of its special
warrant financing, previously announced on April 11, 2012, to up to 9,802,000
Special Warrants (the "Special Warrants") for aggregate gross proceeds of up to
$6,371,300 (the "Offering"). As previously announced, each Special Warrant will
be issued at a subscription price of C$0.65 per Special Warrant (the "Issue
Price"). The Company has been informed by the co-lead agents, Raymond James Ltd.
and Cormark Securities Inc., that the books are now closed.


Each Special Warrant will entitle the holder to acquire, upon exercise and for
no additional consideration, one unit (a "Unit"), consisting of one common share
("Common Share") in the capital of the Company and one-half of one common share
purchase warrant (each whole warrant, a "Warrant"). Each Warrant shall entitle
the holder to acquire an additional Common Share at C$0.90 during the period
ending 24 months following the closing of the Offering.


The Offering is scheduled to close on or about April 26, 2012 and is subject to
certain conditions including, but not limited to, the receipt of all necessary
approvals, including the approval of the TSX Venture Exchange, and other
securities regulatory authorities as applicable.


ON BEHALF OF THE BOARD OF

BATERO GOLD CORP.

Brandon Rook, President & CEO 

Batero Gold Corp.

FORWARD LOOKING STATEMENTS: Certain of the statements and information in this
press release constitute "forward-looking statements" or "forward-looking
information" Any statements or information that express or involve discussions
with respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance (often, but not always,
using words or phrases such as "expects", "anticipates", "believes", "plans",
"estimates", "intends", "targets", "goals", "forecasts", "objectives",
"potential" or variations thereof or stating that certain actions, events or
results "may", "could", "would", "might" or "will" be taken, occur or be
achieved, or the negative of any of these terms and similar expressions) are not
statements of historical fact and may be forward-looking statements or
information.


Forward-looking statements or information relate to, among other things the
anticipated timing of the closing of the Offering and the total gross proceeds
of the Offering. 


Forward-looking statements or information are statements about the future and
are inherently uncertain, and actual achievements of the Company or other future
events or conditions may differ materially from those reflected in the
forward-looking statements or information due to a variety of risks,
uncertainties and other factors, including, without limitation, the timing of
the receipt of regulatory approvals required to complete the Offering and those
referred to in the Company's Management's Discussion and Analysis dated as of
February 28, 2012 under the heading "Risk Factors". Although the Company has
attempted to identify important factors that could cause actual results to
differ materially, there may be other factors that cause results not to be as
anticipated, estimated, described or intended. Accordingly, readers should not
place undue reliance on forward-looking statements or information.


The Company's forward-looking statements and information are based on the
assumptions, beliefs, expectations and opinions of management as of the date of
this press release, and other than as required by applicable securities laws,
the Company does not assume any obligation to update forward-looking statements
and information if circumstances or management's assumptions, beliefs,
expectations or opinions should change, or changes in any other events affecting
such statements or information. For the reasons set forth above, investors
should not place undue reliance on forward-looking statements and information.

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