Lake Shore Gold Corp.

Lake Shore Gold Corp.

March 01, 2005 08:30 ET

Lake Shore Gold Corp.: Application Made to Extend Term of Agent's Warrants


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: LAKE SHORE GOLD CORP.

TSX VENTURE SYMBOL: LSG

MARCH 1, 2005 - 08:30 ET

Lake Shore Gold Corp.: Application Made to Extend Term
of Agent's Warrants

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 1, 2005) - Lake Shore
Gold Corp. (TSX VENTURE:LSG) announced today that it has made
application to the TSX Venture Exchange to extend the term of the Series
E share purchase warrants for one additional year.

If accepted by the Exchange, holders of the 1,600,000 Series E share
purchase warrants will be entitled to exercise the warrants and purchase
shares at an exercise price of $1.75 per share until March 16, 2006.

Lake Shore Gold is exploring for gold and base metals in the Archean
Superior Province of Ontario and Quebec. The Company has a strong
treasury and is debt free.

Statements in this release that are forward-looking statements are
subject to various risks and uncertainties concerning the specific
factors disclosed under the heading "Risk Factors" and elsewhere in the
Corporation's periodic filings with Canadian securities regulators. Such
information contained herein represents management's best judgment as of
the date hereof based on information currently available. The Company
does not assume the obligation to update any forward-looking statement.


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Lake Shore Gold Corp.
    Brian R. Booth
    President
    (705) 525-0992
    (705) 525-7701 (FAX)
    or
    Lake Shore Gold Corp.
    Daniel G. Innes
    Chairman
    (604) 669-3533
    (604) 688-5175 (FAX)
    or
    Lake Shore Gold Corp.
    Michael J. Byron
    VP, Exploration
    (705) 525-0992
    (705) 525-7701 (FAX)
    info@lsgold.com
    www.lsgold.com
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.