Lakota Resources announces issue of shares for debt settlement



    LAK: TSX-V

    TORONTO, Sept. 15 /CNW Telbec/ - Lakota Resources Inc. (TSXV-LAK) (the
"Company") announces that the Toronto Venture Exchange has accepted for filing
the Company's proposal to issue 450,000 shares at a deemed price of $0.215 to
settle outstanding debt for $96,750. The Company issued 450,000 shares from
its Treasury to George H. Breuler dated September 11, 2008 in settlement of a
debt of $96,500. The securities issued pursuant to this debt settlement
carries a legend with a hold period on the sale or transfer of the share
certificate until December 12, 2008.

    The Company cautions the reader that such forward-looking statements
and/or forward looking information involve known and unknown risks,
uncertainties and other factors that may cause the actual financial results,
performance or achievements of the Company to be materially different from the
Company's estimated future results, performance or achievements expressed or
implied by those forward-looking statements and, the forward-looking
statements are not guarantees of future performance. These risks,
uncertainties and other factors include, but are not limited to: changes in
the worldwide price of gold, or other commodities (such as, fuel and
electricity); fluctuations in currency markets; changes in interest rates or
gold lease rates; risks arising from holding derivative instruments; ability
to successfully complete announced transactions and integrate acquired assets;
legislative, political or economic developments in the jurisdictions in which
the Company carries on business; operating or technical difficulties in
connection with exploration, development or mining activities; employee
relations; availability and increasing costs associated with exploration or
mining inputs and labour; the speculative nature of exploration and
development, including the risks of obtaining necessary licenses and permits
and diminishing quantities or grades of reserves; adverse changes in our
credit rating, contests over title to properties, particularly title to
undeveloped properties; and the risks involved in the exploration, development
and mining business. Accordingly, readers should not place undue reliance on
forward-looking statements and/or forward looking information.
    The Company disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information, future
events or otherwise, except as required by applicable law.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.
    %SEDAR: 00008258E




For further information:

For further information: Ian Kennedy, President and CEO, (416) 598-7700;
Renmark Financial Communications Inc.: Jeffery Szita:
jszita@renmarkfinancial.com; Henri Perron: hperron@renmarkfinancial.com, (514)
939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com

Organization Profile

LAKOTA RESOURCES INC.

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