Lakeland Resources Inc. Engages Manager of Corporate Development, Grants Incentive Stock Options

VANCOUVER, Nov. 29, 2011 /CNW/ - Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the "Company" or "Lakeland") is pleased to announce that the Company has engaged Mr. Donny Brooks of Toronto, Ontario as Manager of Corporate Development and Investor Relations.

Mr. Brooks brings over 20 years of business and financial markets experience to Lakeland, including, most recently, several years as an Investment Advisor with a large Canadian investment brokerage firm. Mr. Brooks will be engaged by the Company as a consultant and will provide services including but not limited to managing and executing the Company's marketing initiatives and representing the Company as the main point of contact for shareholders from the Company's head office in Toronto, Ontario. Mr. Brooks will work to expand the interest and awareness of existing and potential investors and the brokerage community in the Company and its activities. Mr. Brooks will be employed on an ongoing basis, until the agreement is otherwise terminated in accordance with its terms.

In addition, the Company has granted, under its Share Option Plan, incentive stock options to purchase 250,000 common shares of the Company to Alex Falconer, recently appointed Chief Financial Officer, Donny Brooks, and a geological consultant. 100,000 of the aforementioned incentive stock options are being granted to Donny Brooks. The options will be exercisable for a period of up to five years from the date of grant at a price of $0.10. The agreement and stock options are subject to regulatory acceptance.

About Lakeland Resources Inc.

Lakeland Resources Inc. is a publicly-traded mineral exploration company focused on the discovery of new gold deposits with a 100%-focus on Canadian assets principally in Ontario. Lakeland aims to create value through the drill bit and build a successful mineral exploration company by combining technical knowledge with a motivated management team and board, strong and clear messaging, and supportive investors.

Lakeland has 19,472,878 shares outstanding. The Company's common shares trade on the TSX Venture Exchange under the symbol "LK" and on the Frankfurt Stock Exchange under the symbol "6LL."

On Behalf of the Board of Directors
LAKELAND RESOURCES INC.

"Jonathan Armes"

Jonathan Armes
President, CEO and Director
Cell: 416.708.0243
Ph: 647.728.7414
Email: jarmes@lakelandresources.com
Web: http://www.lakelandresources.com

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.

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. Forward-looking statements in this news release include that Lakeland has engaged Mr. Donny Brooks of Toronto, Ontario as Manager of Corporate Development and Investor Relations and the Company is granting options to certain officers and consultants. The appointment and stock options are subject to regulatory acceptance.

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 misinterpretation of data; 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 equipment may not work as well as expected; 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.

For further information:

please visit the corporate website at http://www.lakelandresources.com or contact Mr. Donny Brooks, Manager of Corporate Development and Investor Relations at 647.728.7414 or dbrooks@lakelandresources.com

Organization Profile

Lakeland Resources Inc.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890