Lakota appoints new Chief Financial Officer

    Outstanding Shares: 50,696,023

    TORONTO, Jan. 16 /CNW/ - Lakota Resources Inc. (TSXV-LAK) (the "Company")
today announced that effective immediately, Mr. Gaetan Chabot has been
appointed Chief Financial Officer of the Company and Mr. Enrico Visentini will
cease to be the Company's Chief Financial Officer. The Company and Mr.
Visentini were unable to mutually agree on the terms of a long term agreement.
    Mr. Chabot received his Bachelor of Commerce from the University of
Ottawa in 1970 and his designation as a chartered accountant in 1974. Mr.
Chabot spent 12 years in public practice with a major accounting firm,
followed by 13 years in industry with private and public companies in roles
that included Vice President Finance and Chief Financial Officer. For the past
11 years, Mr. Chabot's private practice has focused on assisting companies
with strategic business planning, operational analysis, financial controls and
accountabilities, and mergers and acquisitions. Mr. Chabot is presently the
Chief Financial Officer of several public and private companies.

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

For further information:

For further information: George Breuler, President and CEO, Tel: (772)
633-0923, website:

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