HLM Announces a Non Brokered Private Placement of $516,000 Hard Dollars and $225,000 Flow-Through Dollars

Sudbury, Ontario – December 31, 2013 - Houston Lake Mining Inc. (TSX.V: HLM), is a mining exploration company which is actively exploring for rare metals lithium, and tantalum and is currently advancing its 100% owned and optioned PAK Rare Metals Project in northwestern Ontario, Canada. HLM is proposing a non-brokered private placement offering of up to a maximum of 8,600,000 common shares ("Common Shares") of the Company from the non-flow through (hard dollar) placement and to a maximum of 3,000,000 Common Shares of the Company from the flow-through (FT) placement.

The FT Units are comprised of one common share (‘Share’) at a subscription price of $0.075 per unit and one half of one (1/2) non-transferable share purchase warrant (‘NFT Warrant’). Each full NFT Warrant shall entitle the holder thereof to purchase one (1) additional common share of HLM at an exercise price of $0.11 for a period of two years from the date of closing of the Transaction. The Hard (NFT) Units are comprised of one common share ('Share') at a subscription price of $0.06 per unit and one (1) non-transferable share purchase warrant ('Warrant'). Each full Warrant shall entitle the holder thereof to purchase one (1) additional common share of HLM at an exercise price of $0.10 for a period of two years from the closing of the Transaction.

All of the Shares and Warrants issued pursuant to the private placement are subject to a 4-month hold period. Completion of the private placement is subject to the final approval of the TSX Venture Exchange. Proceeds from the financing will be used to advance Houston Lake’s 100% owned and optioned PAK Rare Metals project located in northwestern Ontario, and for general working capital purposes.

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About Frontier Lithium Inc.
HLM’s goal is to become a fully integrated lithium, rubidium and tantalum producer with development of the PAK Lithium Project in Ontario, Canada. Based on the PAK deposit’s high-purity, technical-grade spodumene, a relatively lower capital requirement to enter in to the lithium supply market is possible by firstly becoming a technical-grade lithium concentrate supplier. HLM is focused on a staged approach to indirectly participate in the burgeoning lithium battery industry by taking advantage of the disruptive change to market fundamentals by targeting the ceramic-glass industry (industrial users). Currently, the glass/ceramics segment is the second largest in total lithium demand whereby supply pressure is taking place due to the threat of lithium battery growth.

Company Contact Information
Trevor R. Walker, President
2736 Belisle Drive
Val Caron, ON.
P3N 1B3 CANADA
T.+001 705.897.7622
F.+001 705.897.7618

Forward-looking Statements
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 http://www.sedar.com

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