Lara Exploration Ltd.

Lara Exploration Ltd.

February 21, 2008 12:57 ET

Khandaker Partners & Co. Initiates Coverage on Lara Exploration

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 21, 2008) - Lara Exploration ("Lara" or the "Company") (TSX VENTURE:LRA) is pleased to announce it has hired Khandaker Partners & Co. ("Khandaker") to prepare and distribute independent research on the Company.

Khandaker is a Wall Street based independent equity research firm specialized in identifying world class companies in the United States and global emerging markets with significant near term and long term growth opportunities. It is focused on companies in the metals and mining, energy, technology, healthcare, media-communications, industrials, and consumer industries that will significantly outperform their respective peer group in 24 to 48 months.

Under the agreement, Khandaker will receive a fee of US$22,000 for one-year coverage, which includes an initial report and three quarterly updates. Neither Khandaker nor any of its employees hold any interest in Lara, nor do they have a right to acquire such interest. This agreement is subject to TSX Venture Exchange approval.

About Lara

Lara is a junior exploration company with projects in Brazil and Peru. Lara's common shares trade on the TSX Venture Exchange under the symbol "LRA".

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

Contact Information

  • Lara Exploration Ltd.
    Miles Thompson
    (604) 669-8777
    Lara Exploration Ltd.
    Kim Casswell
    Corporate Secretary
    (604) 669-8777
    (604) 688-1157 (FAX)