SUDBURY, ONTARIO--(CCNMatthews - Jan. 9, 2006) - Houston Lake Mining Inc. (TSX VENTURE:HLM)(the "Company") is pleased to awarded 250,000 stock options to directors and employees at a price of $0.27 for a term of 5 years. The option price represents a 18.2% discount to the Friday's close of $0.33 and has a hold period of 4 months. The award is subject to regulatory and Shareholder approval.
Houston Lake Mining Inc. is an exploration company listed on The TSX Venture Exchange under the symbol HLM. 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 19,836,675 common shares issued and outstanding. For additional information, we invite you to visit us at www.houstonlakemining.com.
To hear more about HLM.V from President and CEO Grayme Anthony click the following link: http://www.macreport.net/featured/HLM/company.asp
FOR FURTHER INFORMATION PLEASE CONTACT:
Houston Lake Mining Inc.
E. Grayme Anthony B.Sc., P. Geo., F.G.A.C., M. B. A
(705) 897-7618 (FAX)