December 31, 2007 14:21 ET

Lakota Resources Inc. Announces Private Placement of Flow-Through Common Shares

TORONTO, ONTARIO--(Marketwire - Dec. 31, 2007) - Lakota Resources Inc. (TSX VENTURE:LAK) (the "Company") is pleased to announce that it has completed a private placement for flow-through common shares in the total amount of $75,000 (gross proceeds). The private placement closed pursuant to a conditional approval granted by the TSX Venture Exchange. The Company has filed for final approval of this private placement with the TSX Venture Exchange. The closing occurred today.

375,000 common shares ("Shares") of the Corporation, designated as flow-through shares, were sold in this unbrokered private placement at $0.20 per share. All securities issued in connection with this financing will be subject to a hold period of four months plus one day from the closing date.

The Company has agreed to pay a cash finder's fee of up to 8% of the gross proceeds of this private placement.

The net proceeds of the Private Placement will be used to fund the Company's exploration programs in Canada and for other permitted general corporate purposes.

About the Company

Lakota Resources Inc. is a junior mineral exploration company. For complete details on the Company, and its partners, management encourages investors and interested parties to view its public documents filed on SEDAR at


No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the future plans and objectives of Lakota Resources Inc. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Lakota Resources Inc. assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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