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LAC MINERALS DlVIDEND ANNOUNCEMENT

 TORONTO, Nov. 17 /PRNewswire/ -- The Board of Directors of Lac Minerals Ltd. (NYSE: LAC) is pleased to announce the payment of a dividend of US $0.03 (three cents in US funds) per share on the outstanding common shares of the Company. The dividend will be payable on December 17, 1993 to shareholders of record at the close of business on November 25, 1993.
 Canadian shareholders will receive Canadian dollars using the noon Bank of Canada rate of November 16, 1993.
 -0- 11/17/93
 /CONTACT: John W. Pearson, Manager Investor Relations of LAC, 416-777-2379/
 (LAC)


CO: Lac Mineral Ltd. ST: Ontario IN: MNG SU: DIV

LG -- NY030 -- 5348 11/17/93 09:59 EST
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Publication:PR Newswire
Date:Nov 17, 1993
Words:115
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