November 27, 2009: Sudbury, Ontario, Canada - Houston Lake Mining Inc. (TSX.V: HLM, the "Company") is pleased to report that the Company has raised $1,000,000 through the sale of 4,000,000 Flow-Through Units priced at $0.25 per unit in a non-brokered private placement with the Mineralfields Group. Each Flow-Through Unit consists of one flow-through common share and one half of one common share purchase warrant. Each whole warrant is exercisable into one common share at an exercise price of $0.30 for the first 12 months from closing and at an exercise price of $0.35 for a further 12 month period. Proceeds from the financing will be used to advance Houston Lake’s 100% owned and 100% optioned gold properties located near Sioux Narrows, Ontario.

All securities issued in connection with this financing have a hold period of 4 months. An aggregate finder’s fee of $60,000 (6% of the gross proceeds), due diligence fee of $21,000 (2% of the gross proceeds) and 320,000 agents’ options (8% of the total issuance) was paid pursuant to the offering. Each agent option is exercisable at an exercise price of $0.25 into one common share and one-half of one broker warrant for a period of two years, with each whole broker warrant exercisable at a price of $0.30 into one common share for the first year following closing and at a price of $0.35 for the second year following closing.

“We are very pleased to be continuing our relationship with MineralFields Group”, said Grayme Anthony, President and CEO. “We look forward to working with MineralFields Group as we continue to develop our holdings in the Kenora area”.

About MineralFields, Pathway and First Canadian Securities ®

MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, and Calgary is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ®, a division of Limited Market Dealer Inc. is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.

About Houston Lake Mining Inc.

Houston Lake’s objective in the short term is to become a gold producer by surface mining our West Cedartree gold project and apply the profits towards the development of our 100% owned and optioned northwestern Ontario properties. The Company has a total of 35,957,638 common shares issued exclusive of the announced financing. For additional information, we invite you to visit us at www.houstonlakemining.com.

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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. This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company’s registered filings what are available at www.sedar.com.

www.houstonlakemining.com