SUG Sucro Limited

Suparna Gold Corp. (TSX VENTURE:SUG) (the "Company") announces that it has
granted stock options to acquire up to 1,250,000 common shares of the Company of
which an aggregate of 1,100,000 were granted to certain directors and officers
of the Company. Each of the stock options is exercisable to acquire one common
share for a five year term expiring on October 27, 2016 and exercisable until
that time at a price of $0.33 per common share. On October 26, 2011, the last
day that the Company's common shares traded prior to the granting of the stock
options, the closing trading price of the common shares on the TSX Venture
Exchange was $0.33. One-third of the options vested immediately upon the date of
grant with an additional one-third to vest on each of the dates that is nine
months and eighteen months from the date of grant. The stock options granted to
the directors or officers of the Company, and any common shares issued upon
exercise thereof, are subject to a four month resale restriction from the date
of grant.

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