Houston Lake Mining Inc. (HLM-TSX.V)
_________________________________________________________________________________________________________
For Immediate Release
Houston Lake Management Receives Strong Shareholder
Endorsement at Annual General Meeting
February
17, 2005: Sudbury, Ontario - Houston Lake Mining Inc. (TSX.V: HLM, the "Company") held its
Annual General Meeting (AGM) of Shareholders on February 15, 2005 at the
Company’s Head Offices. The purpose of the meeting was to:
a)
receive and consider the annual financial statements
and the report of its auditors for the year ended March 31, 2004;
b)
electing the Board of Directors for the ensuing year;
c)
appointing the auditors for the ensuing year and
authorizing the Directors to fix their remuneration;
d)
and, transacting such other business as may properly
come before the meeting.
No
special resolutions were presented before the meeting. The Company is pleased
to report that the AGM was characterized by a good turnout of some 22 Shareholders
and 49.2% of the outstanding shares were voted at the Meeting.
The
result of the meeting was that the Shareholders re-elected the Board of
Directors by an overwhelming vote of 9,017,616 to 5,000, or 99.94%, in favor of
Current management. The Board of Directors include Chairman Reginald F. Walker,
John G. Kelly, P. Eng, Robert J. McLean, C.H.R.P., and E. Grayme Anthony, P.
Geo. The Audit Committee and the Executive Compensation Committee will be
comprised Reginald F. Walker, John G. Kelly and Robert J. McLean. BDO Dunwoody,
LLB was ratified by an identical vote as the Auditors of the Company.
The
balance of the meeting included an address by E. Grayme Anthony, the Company’s President, which
outlined the continuing exploration successes at the Company’s 100% owned West
Cedartree Gold Project and the Company’s plans for the near future. Questions
were entertained from the audience.
About Houston Lake Mining Inc.
Houston
Lake Mining Inc. is an exploration company listed on The TSX Venture Exchange
under the symbol HLM. We are focused on the exploration and development of
opportunities in the strategic and high technology metals sector which have
excellent supply/demand fundamentals. Houston Lake is actively exploring for
Gold, Platinum Group Metals and Rare Metals with a strategic focus on
northwestern Ontario. The Company has a
total of 18,375,197 common shares issued and outstanding. For additional
information, we invite you to visit us at www.houstonlakemining.com.
Company Contacts:
Lindsay
Malcolm E.
Grayme Anthony B.Sc.,
P. Geo., F.G.A.C., M. B. A.
Investor
Relations Tel:
(705) 897-7622
1-877-713-7465
(toll-free) Fax: (705) 897-7618
Lmalcolm@houstonlakemining.com ganthony@houstonlakemining.com
The TSX Venture Exchange has neither approved nor disapproved of the
information contained herein.