Houston Lake Mining Inc.                   (HLM-TSX.V)

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For Immediate Release

 

 

 

 Houston Lake appoints Investor Relations; Options Granted

 

 

November 16, 2004: Sudbury, Ontario - Houston Lake Mining Inc. (TSX.V: HLM, the "Company") is pleased to announce that it has appointed Mr. Lindsay Malcolm to provide Investor Relations services for the Company.

 

The Investor Relations Agreement stipulates a minimum term of three months at a rate of $3,000/month plus expenses subject to regulatory approval.  A grant of 150,000 shares at $0.34 for a five-year term completes the agreement. 

 

Mr. Malcolm brings 20 years of Investor Relations experience in the precious metals industry to Houston Lake. He has provided comprehensive Investor Relations services to small cap, high growth Canadian public companies across many different industries. Mr. Malcolm will provide Houston Lake with strategic Investor Relations counsel, targeted investor contact development and outreach, and provide for an integrated corporate communications management program.

 

“The addition of Mr. Malcolm to the Management team at Houston Lake will provide our shareholders and the financial community with a single point of contact for reliable information concerning the activities of the Company”, commented E. Grayme Anthony, President & CEO. “Importantly, having a dedicated Investor Relations function will certainly free-up existing management’s time and allow for an increased focus on strategic management. While management remains accessible I invite any interested shareholders to give Mr. Malcolm a call on our new toll-free number at their convenience.”        

 

Houston Lake has awarded 400,000 stock options to directors and employees at a price of $0.34 for a term of 5 years.  The award is subject to regulatory approval. 

 

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 18,278,198 common shares issued and outstanding. For further 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      

houstonlake@shaw.ca                                       houston@vianet.on.ca

           

           

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.