Sudbury, Ontario – December 4, 2015 - Houston Lake Mining Inc. (TSX.V: HLM), ("HLM" or the "Company") is pleased to announce the appointment of Bruce C. Barker, LLB to the board of directors of the Company.
Mr. Barker is a partner of Bennett Jones LLP, a leading Canadian law firm. Mr. Barker practices corporate law, with an emphasis on mergers and acquisitions, banking and corporate finance, and recently co-chaired the firm's Corporate Department. Mr. Barker has represented institutional lenders and investors of all types, including the major Canadian banks, many of the United States and European money center banks, bond holders, hedge funds and a global American financial services company. Lexpert included him among the Top 100 Creative Lawyers in Canada.
Mr. Barker is chairman of Bay-Front Associates, an inter-disciplinary partnership that develops efficient solutions for domestic and cross-border financing, inter- company funding and repatriation of profits. Mr. Barker is a member of the advisory council of the Morissette Institute for Entrepreneurship, Richard Ivey School of Business. He is a past member of the editorial board of the Banking and Finance Law Journal and was an instructor in the Master of Laws program at Osgoode Hall Law School where he taught international banking and finance law.
“Commenting on Mr. Barker’s appointment, Rick Walker, HLM’s Chairman, said: "I am delighted to welcome Bruce to HLM. His perspective, experience and reputation will be a valuable addition to our board."
The Company also announces that it has granted 850,000 stock options. The options are set for a period of five years, expiring on December 3, 2020. The options are priced at $.145 and are subject to regulatory approval.
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 https://www.sedar.com
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