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LAC MINERALS ANNOUNCES SPECIAL ODD LOT SELL PROGRAM

 TORONTO, May 14 /PRNewswire/ -- Lac Minerals Ltd. (NYSE: LAC) ("Lac") announced today a special small shareholder odd lot selling program (the "program") available to both registered and beneficial shareholders who owned 99 or fewer Lac and certain of its predecessor companies' common shares as of May 13, 1993. The program will allow eligible shareholders a commission-free opportunity to sell all, but not less than all, of their shares. The program is being provided in compliance with the policy of The Toronto Stock Exchange.
 The program will expire at 5.00 p.m. Toronto time on July 30, 1993, unless extended by Lac. Montreal Trust Company of Canada, at 151 Front Street West, 8th Floor, Toronto, Ontario, M5J 2N1, Lac's transfer agent, will manage the program. Shareholder participation in the program is entirely voluntary. Neither Lac nor its agents make any recommendation as to whether or not shareholders should participate in the program.
 Sales will be effected by one or more member firms of The Toronto Stock Exchange who will be paid a commission by Lac. Shareholders whose shares are received in good order on a given day will receive a price per share equal to the weighted average price of all shares received on that day and sold pursuant to the program. Canadian and United States' shareholders can contact Montreal Trust at the following toll-free number: 1-800-387-2762.
 Material shall be forwarded to shareholders within the next ten days.
 -0- 5/14/93
 /CONTACT: John W. Pearson, manager, investor relations of Lac Minerals Ltd., 416-777-2379/
 (LAC)


CO: Lac Minerals Ltd. ST: Ontario IN: MNG SU:

LD -- NY079 -- 8835 05/14/93 17:30 EDT
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Publication:PR Newswire
Date:May 14, 1993
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