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Avaranta Grants Stock Options

Share Capital & Compensation

AVARANTA RESOURCES LTD.

360 Bay Street, Ste 500 Toronto, Ontario M5H 2V6

April 19, 2010 Toronto, Ontario

Avaranta Grants Stock Options

Avaranta Resources Ltd. (“Avaranta” or, the “Company”) announces that it has granted 165,000 incentive stock options to certain officers, directors and consultants of the Company. The options are exercisable at $0.10 and expire on April 19, 2015.

Avaranta is a subsidiary of Greencastle Resources Ltd. (TSXV - “VGN”). Avaranta is actively pursuing mineral exploration project acquisitions.

To find out more about Avaranta Resources Ltd., please contact Anthony Roodenburg, Chief Executive Officer, Avaranta Resources Ltd. at (416) 367-4571 x233.