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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. 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. |