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LAC COMPLETES 11 MILLION COMMON SHARE OFFERING

 LAC COMPLETES 11 MILLION COMMON SHARE OFFERING
 TORONTO, Dec. 11 /PRNewswire/ -- LAC Minerals Ltd. announced today


that it has successfully completed the previously announced offering of 11,000,000 common shares of the company at a price of Cdn$9.625 per share.
 The gross proceeds of the offering were Cdn$105,875,000 and will be used to finance future acquisitions of mineral properties, joint venture projects and related development expenditures.
 -0- 12/11/91
 /CONTACT: John W. Pearson, of LAC Minerals, 416-777-2379/
 (LAC) CO: LAC Minerals Ltd. ST: Ontario IN: MNG SU: OFR


SH -- NY013 -- 1324 12/11/91 09:20 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 11, 1991
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