TSXv: LK FSE: 6LL
VANCOUVER, Dec. 9, 2013 /CNW/ - Lakeland Resources Inc. (TSXV: LK) (FSE: 6LL) (the "Company" or "Lakeland") is pleased to announce the appointment of Mr. Canon Bryan, a corporate development and uranium market specialist to the Company's Advisory Board. Mr. Bryan will assist Company management on corporate and financial matters.
Mr. Bryan is a financial professional and has held management positions for several publicly-listed and privately-held companies. Throughout his career, Canon has provided M&A, corporate development and financial services to clients, and since 2004 has been focused primarily on the uranium and nuclear industries. Mr. Bryan started at Uranium Energy Corp. (UEC: AMEX) in August 2004 and served as VP Corporate Development until October 2007. UEC is now a producer of uranium in the USA. Mr. Bryan is also a founder of Terrestrial Energy Inc, which is developing a commercial molten salt reactor in Canada, as well as several other private and public uranium and mining companies.
"We are pleased that Canon has agreed to join our Advisory Board. He is a strong advocate for the uranium and nuclear sectors and his experience and knowledge of the industry will help us in advancing the Company's business objectives," said Jonathan Armes, President and CEO.
"I am pleased to be joining the Advisory Board of Lakeland Resources Inc.," said Canon Bryan. "The Company is a new and up-and-coming leader in the Athabasca Basin and I look forward to working with the Company as it advances its assets. I am impressed by the expertise, work ethic and vision of the Company and look forward to working with management, the company's partners and the other advisors."
Canon is the fourth member of Lakeland's Advisory Board which consists of specialists in uranium exploration, and related areas of expertise. The purpose of the Advisory Board is to provide support for exploration planning, the search and acquisition of uranium properties, financing and other corporate development initiatives as may be requested by management.
With the appointment, Lakeland also announces that it will grant 100,000 incentive stock options to Mr. Bryan exercisable at a price to be set within the context of the market for a period of five years from the date of grant.
About Lakeland Resources Inc.
Lakeland Resources Inc. is a pure play uranium exploration company focused on the Athabasca Basin in Saskatchewan, Canada; home to some of the world's largest and richest high-grade uranium deposits. 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.
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 the company will grant 100,000 incentive stock options to Mr. Bryan exercisable at a price to be set within the context of the market for a period of five years from the date of grant.
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.
SOURCE: Lakeland Resources Inc.
For further information:
For more 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: [email protected]