Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Tara Gold Resources Corp. (“Tara Gold” or the “Company”) (Pink Sheets: TRGD.PK) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Tara Minerals Corp. (“Tara Minerals”) (OTC BB: TARM) to acquire all of the outstanding shares of common stock of Tara Gold.

Under the proposed agreement, Tara Gold shareholders will receive one Tara Minerals share for every two Tara Gold shares they own.  The transaction implies a purchase price of $0.805 per Tara Gold share or approximately $83 million.  The investigation concerns whether Tara Gold’s board of directors failed to adequately shop the Company and obtain the best price possible for Tara Gold’s shareholders before entering into the agreement with Tara Minerals.

If you own the common stock of Tara Gold and purchased your shares before September 13, 2010, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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