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Message: SHORT FORM PROSPECTUS DISTRIBUTIONS (“NI 44-101”)

My broker mentioned SGR is working towards the TSX listing and the goal is to have it prior to the June 21st AGM.

I found this on Sedar while trying to find the quartly F/S.

Anyone know for certain what the following is all about ????

NOTICE PURSUANT TO SECTION 2.8 OF NATIONAL INSTRUMENT 44-101 –

SHORT FORM PROSPECTUS DISTRIBUTIONS (“NI 44-101”)

May 10, 2010

TO: THE MANITOBA SECURITIES COMMISSION

San Gold Corporation (the "

Issuer

") intends to be qualified to file a short form

prospectus under NI 44-101. The Issuer acknowledges that it must satisfy all applicable

qualification criteria prior to filing a preliminary short form prospectus. This notice does

not evidence the Issuer’s intent to file a short form prospectus, to enter into any particular

financing or transaction or to become a reporting issuer in any jurisdiction. This notice

will remain in effect until withdrawn by the Issuer.

SAN GOLD CORPORATION

(Signed) “Dale Ginn”

Per: Dale Ginn,

Chief Executive Officer

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