Houston Lake Mining Announces $150,000 Financing

FSC / Press Release 
Houston Lake Mining Announces $150,000 Financing 
Sudbury, Ontario CANADA, March 13, 2013 /FSC/ - Houston Lake Mining Inc. (HLM -
TSX Venture, HLKMF - OTC_Pink),is a mining exploration company which is actively
exploring for the rare metals lithium, cesium, tantalum, and rubidium by
currently focusing on 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 2,500,000 common shares ("Common Shares") of the
Company. 
The Common Shares are to be issued under a unit offering whereby up to a maximum
of 2,500,000 units ("Units") at a subscription price of $0.06 per Unit are to be
offered.  Each Unit shall consist of one (1) Common Share of the Company and one
(1) share purchase warrant (the "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 24 month period from closing (the "Offering"). 
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. 
HLM reserves the opportunity to grant to eligible persons a finder's fee of a
maximum 8% of the gross proceeds of the Offering and finder options of a maximum
of 8% of the total number of Units sold under the Offering. Each finder option
will be exercisable at an exercise price of $0.10 into one common share and one
Warrant for a period of two years from closing. 
About the PAK Rare Metals Project 
The Pakeagama Lake pegmatite currently has a strike length of approximately 200m
with a width up to 150m at surface with mineralization that is open in all
directions. In September 2012, Peter J. Vanstone, P.Geo. the qualified person
for the project, conducted a 91 sample channel sampling program on the exposed
Pakeagama Lake pegmatite in order to confirm historical results and to add
additional channel samples while further sampling by distinct geologic zones.
The results of the program have so far identified high grade lithium up to 4.74%
Li2O over 15 meters in three distinct pegmatite zones, and high grade tantalum
up to 192ppm Ta2O5  over 14 meters in one of these zones. A diamond drill
program has been independently recommended and on March 1, 2013, the Company
announced that a Phase I, 6 hole, 1,000 meter drill program commenced. 
About Houston Lake Mining Inc. 
HLM is a mining exploration company that is actively exploring for the rare
metals lithium, cesium, tantalum, and rubidium and is currently focusing on its
100% owned and optioned Pak Lithium Project in northwestern Ontario, Canada. HLM
has a total of 63,019,056 common shares issued and outstanding. For additional
information, please visit www.houstonlakemining.com. 
Company Contact Information
Henry J. Kloepper, CEO
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
www.sedar.com. 
To view this press release as a PDF file, please click on the following link:
http://www.usetdas.com/pr/hlm03132013.pdf 
Source: Houston Lake Mining Inc. (TSX-V: HLM) (Pink Sheets: HLKMF)
http://www.houstonlakemining.com
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-0- Mar/13/2013 20:30 GMT