Lake Victoria Mining Company, Inc.
OTC Bulletin Board : LVCA

Lake Victoria Mining Company, Inc.

April 14, 2010 10:09 ET

Lake Victoria Expands the Board of Directors

GOLDEN, COLORADO--(Marketwire - April 14, 2010) - Lake Victoria Mining Company (OTCBB:LVCA) is pleased to welcome Mr. Ian Shaw, a senior Chartered Accountant in Canada to the Company's Board of Directors, where he will also serve as Chairman of the Company's Audit Committee.

Mr. Shaw earned a Bachelor of Commerce Degree in 1964 from the University of Toronto's Trinity College, and in 1969 he obtained a Chartered Accountant designation with Deloitte, Plender, Haskins & Sells, Toronto, Canada. In 1993, after 18 years with Sherrit and Curragh, both producing mining companies with multiple projects, he established Shaw & Associates with the objective of providing corporate finance, regulatory reporting and compliance services tailored to junior public exploration and mining companies. The companies that Mr. Shaw has served include Metallica Resources Inc., Black Hawk Mining Inc., Pelangio Mines Inc., Capital Gold Corporation, Pangea Goldfields Inc., Weda Bay Minerals Inc., Gammon Lake Resources Inc. and others. In addition to his directorship with the Company he is currently a director of Pelangio Exploration Inc. and Chief Financial Officer of both Richmond Minerals Inc. and Olivut Resources Ltd.

Speaking for Lake Victoria's Board of Directors, Roger Newell the President stated, "I am delighted Mr. Shaw is joining Lake Victoria. Mr. Shaw will bring 35 years of accounting, financial and regulatory experience along with wisdom related to perceptive and responsive governance. These are cornerstone ingredients required to build and advance Lake Victoria's corporate profile. We look forward to working closely with Mr. Shaw on the many corporate issues related to growth and to increased share holder value."

About the Company

Lake Victoria Mining Company, Inc. along with its wholly owned subsidiary, Kilimanjaro Mining Company Inc. (www.kilimanjarominingcompany.com) is working to create another gold mine in the world famous Lake Victoria Greenstone Belt, Tanzania, East Africa. Tanzania produced 1.75 million troy ounces of gold during 2007 and is the 3rd largest gold producer in Africa behind South Africa and Ghana.

Lake Victoria holds eleven prospective gold projects and five uranium projects within its Tanzania property portfolio.

Disclaimer

This news release may contain forward looking statements, relating to the Company's operations or the environment in which it operates, which are based on Lake Victoria Mining Company, Inc.'s operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or beyond Lake Victoria Mining Company, Inc.'s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place undue reliance on such forward-looking statements. Lake Victoria Mining Company, Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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