Jun. 7, 2011 (Filing Services Canada) -- Houston Lake Mining Inc. (HLM - TSX Venture, HLKMF - OTCBB_Pink_Sheets), is an advanced exploration company which has prospected and strategically acquired contiguous gold, rare metals and platinum group elements projects with the objective of transitioning into production. HLM is pleased to announce the appointment of Henry J. Kloepper as the Chief Executive Officer (CEO) to "the Company".
Mr. Kloepper has been involved in investment banking and structured finance over a 30 year career. He brings a rounded knowledge of the capital markets, strategic growth and investments. In the past, Mr. Kloepper has worked in executive positions with JP Morgan, Citibank, Bank of America, and North American Trust in Canada, the US and Europe.
Mr. Kloepper is a director and past consultant to companies ranging from the resource sector, mobile lottery and gaming technologies to manufacturing. His responsibilities have varied from chairing the audit committee to being President and CEO of a public company that recently made strategic investments in the food and beverage industry. More recently, Mr. Kloepper was also the COO of ViaBank Ltd., West Indies.
Currently, Mr. Kloepper amongst others is a director of Mogul Energy International Inc. Houston, Texas; GameCorp Ltd. and District Canada Inc. both based in Toronto, Canada.
"Henry brings a great deal of experience and understanding of the capital markets which greatly complements the existing strength of the Houston Lake Management and Board of Directors in exploration and mining", commented Reginald F. (Rick) Walker, Chairman of the Board. "We look forward to working with Henry as we strive towards Houston Lake's growth and mission of becoming a producer."
The Company also announces that it has granted 1,400,000 stock options to officers, directors, employees and consultants of the Company. The options are set for a period of five years, expiring on June 07, 2016. The options are priced at $.14 and are subject to regulatory approval.
About Houston Lake Mining Inc.
Houston Lake is an advanced, vertically integrated resource exploration company. The Company is actively exploring for gold, platinum group metal and rare metal deposits in Northwestern Ontario with a strategic focus on the West Cedartree Gold Project. Houston Lake's objective is to become a gold producer by surface mining its West Cedartree gold project and developing its 100% owned and optioned properties. The Company has a total of 49,532,637 common shares issued and outstanding. For additional information, please visit us at www.houstonlakemining.com.
Houston Lake Mining Inc.
Trevor R. Walker, MBA
Tel: 705.897.7622 Fax: 705.897.7618
Neither the 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.
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Source: Houston Lake Mining Inc. (TSX-V: HLM) (Pink Sheets: HLKMF) http://www.houstonlakemining.com
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