VANCOUVER, July 3, 2013 /CNW/ - Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the "Company" or "Lakeland") is pleased to
announce that it has engaged Network IR ("Network") to develop and
execute a comprehensive marketing and investor communication program to
help raise awareness of the Company.
Network is a Vancouver-based full service investor relations company
with experience in creating exposure for mineral exploration companies
to industry stakeholders and investors. Network strives to represent
companies that fall under the "best of breed" category for their
specific focus area. Network's service will include consulting to
Lakeland with respect to corporate development and finance, producing
and distributing effective marketing communication tools and increasing
Network has been hired for an initial term of three months, renewable on
a monthly basis thereafter on mutual agreement. Network will be paid a
monthly fee of $5,000, and has been granted options to purchase up to
100,000 shares of the Company exercisable for five years at a price of
$0.10 per share.
Jonathan Armes, President and CEO of Lakeland, commented:
"We are pleased to have appointed Network IR as Investor Relations
consultants. Lakeland has quickly become one of the premier uranium
explorers in the Athabasca Basin at a time when many industry players
are voicing bullish projections for uranium. Having recently entered
the space, now is the time to increase awareness of our Company and
Stock Option Grant:
In addition to the options to be issued to Network above, subject to
regulatory approval, Lakeland has granted certain directors, employees
and consultants of the Company incentive stock options to purchase an
aggregate of 650,000 common shares. The options are exercisable until
July 2, 2018 at an exercise price of $0.10 per share.
About Network IR:
Network IR is one of Canada's premier full service investor relations
companies. Network IR provides its client companies with exposure,
presence and access to the heart of the public markets. To date, the
Network team have assisted in raising over $100 Million in equity
finance and have helped numerous client companies reach their
development goals and significant market capitalization. For more
information on Network IR, visit their corporate website at http://www.networkir.com/
About Lakeland Resources Inc.
Lakeland Resources Inc. is a pure play uranium exploration company
focused on the Athabasca Basin in Saskatchewan, Canada.
On Behalf of the Board of Directors
LAKELAND RESOURCES INC.
President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements: Statements in this document which are not purely historical are
forward-looking statements, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. It is important
to note that actual outcomes and the Company's actual results could
differ materially from those in such forward-looking statements. Risks
and uncertainties include economic, competitive, governmental,
environmental and technological factors that may affect the Company's
operations, markets, products and prices. Factors that could cause
actual results to differ materially may include that we may not be able
to get equipment or labour as we need it; that we may not be able to
raise sufficient funds to complete our intended exploration and
development; that our applications to drill may be denied; that
weather, logistical problems or hazards may prevent us from
exploration; that analysis of data may not be possible accurately and
at depth; that results which we or others have found in any particular
location are not necessarily indicative of larger areas of our
properties; that we may not complete environmental programs in a timely
manner or at all; that market prices may not justify commercial
production costs; and that despite encouraging data there may be no
commercially exploitable mineralization on our properties. Readers
should refer to the risk disclosures outlined in the Company's
Management Discussion & Analysis of its audited financial statements
filed with the British Columbia Securities Commission.
SOURCE: Lakeland Resources Inc.
For further information:
please visit the corporate website at http://www.lakelandresources.com or contact Roger Leschuk, Corporate Communications at Ph: 604.681.1568 or TF: 1.877.377.6222 or Email: firstname.lastname@example.org