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Lakeland Resources Inc.

09:44 AM EST - Lakeland Resources Inc. : announced a non-brokered private placement of up to 2,500,000 flow through units at $0.12 per FT Unit and 3,000,000 non-flow through units at $0.10 per Unit for gross proceeds of up to $600,000. This is in addition to the $1.8 million that closed on December 8. Lakeland Resources Inc. shares V.LK are trading unchanged at $0.10.