Houston Lake Mining Appoints IR Group for North American Development
02 October 2008 - 1:00AM
Marketwired
Houston Lake Mining Inc. (PINKSHEETS: HLKMF) (TSX-V: HLM), an
advanced exploration company seeking gold, platinum group and rare
metal deposits in Ontario, is pleased to announce that it has
retained the California-based firm of Incorporated Communications
Services ("ICS") to conduct media awareness and investor relations
programs on behalf of the Company. Headed by Mr. Garry Pollack, ICS
brings together a highly experienced team of market-development
specialists in media relations, marketing and investor
communications serving the natural resource and gold exploration
sectors.
"We are pleased to add the Investor Relations expertise of ICS
to Houston Lake Mining at a time when the company is attaining key
benchmarks toward our objective of gold production at West
Cedartree," said E. Grayme Anthony, President and Chief Executive
Officer. "We believe that our focus on developing our promising
gold projects will resonate with investors given the outlook for
precious metals."
The Company will pay ICS a monthly fee of US$7,000 for the
one-year term of the Agreement, but has the right to cancel the
agreement after the first six months of service, and/or extend it
beyond the initial term. Pursuant to the agreement, Houston Lake
Mining Inc. will also grant 250,000 incentive stock options to
principals of ICS, at an exercise price of $0.40 subject to
regulatory approval. ICS currently has no direct or indirect
interest in securities of Houston Lake Mining Inc., or any right or
intent to acquire such an interest otherwise than pursuant to the
exercise of the referenced options.
About Houston Lake Mining Inc.
Houston Lake is an advanced, vertically integrated resource
exploration company. The Company is actively exploring for gold,
platinum group metal and rare metal deposits in northwestern
Ontario with a strategic focus on the West Cedartree gold project.
Houston Lake's objective is to become a gold producer by surface
mining its West Cedartree gold project and developing its 100%
owned and optioned properties. The Company has a total of
31,148,881 common shares issued and outstanding. For additional
information, please visit us at www.houstonlakemining.com.
Forward-looking Statements
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. This
release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address future
production, reserve potential, exploration drilling, exploitation
activities and events or developments that the Company expects are
forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward looking statements include market prices, exploitation and
exploration successes, continued availability of capital and
financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees
of future performance and those actual results or developments may
differ materially from those projected in the forward-looking
statements. For more information on the Company, Investors should
review the Company's registered filings what are available at
www.sedar.com.
Distributed by Filing Services Canada and retransmitted by
Marketwire
Company Contacts Houston Lake Mining E. Grayme Anthony P.Geo.,
MBA President and CEO Tel: 705-897-7622 Fax: 705-897-7618 Email
Contact Linx Partners Ltd. Wanda Cutler Tel: 416-303-6460
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