CLH Coral Gold Resources Ltd

Coral Gold Resources Ltd. (the "Company") (TSX
VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) has closed the second
tranche of a non-brokered private placement with aggregate gross proceeds of
$965,250 from the sale of 1,755,000 units (the "Units") at a price of $0.55 per
unit. Each Unit is comprised of one common share and one non-transferrable share
purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one
additional common share at a price of $0.75 with a term of two (2) years until
April 23, 2012. The common shares issued, and any common shares issued pursuant
to the exercise of Warrant prior to August 24, 2010 will be restricted from
trading until August 24, 2010. 


The Company paid total finders' fees of $28,325 in cash and 19,000 in warrants
to individuals and brokers assisting in the financing.


The finder's warrants will entitle the finders to purchase one additional common
share with a term of one (1) year until April 23, 2011 at a price of $0.75.


The total gross proceeds raised, including the first closing, amounted to
$3,849,999.90 and a total of 7,000,120 units have been issued.


The net proceeds of this Offering will be used to advance the Company's
Robertson gold project at Crescent Valley, Nevada towards the work program
announced on February 2, 2010 and general working capital requirements. 


For more information on the Robertson Property and Coral Gold's other Nevada
projects, visit the company's website at www.coralgold.com.


ON BEHALF OF THE BOARD

David Wolfin, President

This release contains statements that are forward-looking statements and are
subject to various risks and uncertainties concerning the specific factors
disclosed under the heading "Risk Factors" and elsewhere in the Company's
periodic filings with Canadian securities regulators. Such information contained
herein represents management's best judgment as of the date hereof based on
information currently available. The Company does not assume the obligation to
update any forward-looking statement.

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