LAK

Lakeside Minerals Inc. (TSX VENTURE:LAK) (the "Company" or "Lakeside") announces
that it has completed the consolidation of its outstanding common shares on a
ratio of 4 old shares for 1 new share (the "Share Consolidation"), which had
been previously approved by Lakeside's shareholders at its annual and special
general meeting held on October 30, 2013. As of the opening of trading on June
16, 2014, the Company's share capital will begin trading on a post-consolidated
basis under the same stock symbol: LAK.


Lakeside has filed the letter of transmittal on www.sedar.com, on October 21,
2013, which is available on Lakeside's web site at www.lakesideminerals.com. For
the convenience of Lakeside shareholders the letter of transmittal can be
accessed at the following link: http://media3.marketwire.com/docs/952039_lot.pdf


The letter of transmittal describes the process by which shareholders may obtain
new certificates representing their consolidated common shares. Shareholders are
requested to deliver original old share certificates along with the completed
Transmittal letter by courier or in person to Olympia Transfer Services Inc. at
Floor 8, 100, University Avenue, Toronto, ON M5J 2Y1 OR P.O. Box 1775, 31
Adelaide Street East, Toronto, Ontario M5C 0A2, Attention: Proxy Department.
Shareholders who hold their shares through a broker or other intermediary and do
not have shares registered in their name will not need to complete a letter of
transmittal. No fractional shares will be issued under the share consolidation,
and any fraction will be rounded to the nearest whole number. Following the
consolidation, Lakeside will have 10,199,571 common shares issued and
outstanding (not including the shares expected to be issued pursuant to the debt
settlements and financings previously announced by the Company in press releases
dated March 3, 2014, March 12, 2014 and April 23, 2014). All outstanding options
and warrants of the Company will be adjusted accordingly to reflect the share
consolidation.


About Lakeside Minerals Inc.

Lakeside Minerals Inc. is engaged in acquiring, exploring, and developing
mineral properties. The Company's flagship Launay property is 102.5 km2 land
package located in the heart of the Abitibi, 48 km northeast of Rouyn-Noranda.
The Launay property straddles nearly 22 km of the Macamic deformation zone: a
major deformation zone in the Abitibi subprovince located north of the
Porcupine-Destor deformation zone. Claims cover a 17 km long trend of known gold
occurrences, several of which display significant historical and recent gold
drill intersections. Lakeside is also pursuing potential acquisitions of
interests in undervalued mineral exploration properties with a view to long term
value appreciation and the eventual development of a "project generator"
business model.


FORWARD-LOOKING STATEMENTS: Certain of the information contained in this news
release may contain "forward-looking information". Forward-looking information
and statements may include, among others, statements regarding the future plans,
costs, objectives or performance of Lakeside Minerals Inc. (the "Company"), or
the assumptions underlying any of the foregoing. In this news release, words
such as "may", "would", "could", "will", "likely", "believe", "expect",
"anticipate", "intend", "plan", "estimate" and similar words and the negative
form thereof are used to identify forward-looking statements. Forward-looking
statements should not be read as guarantees of future performance or results,
and will not necessarily be accurate indications of whether, or the times at or
by which, such future performance will be achieved. Forward-looking statements
and information are based on information available at the time and/or
management's good-faith belief with respect to future events and are subject to
known or unknown risks, uncertainties, assumptions and other unpredictable
factors, many of which are beyond the Company's control. The Company does not
intend, nor does the Company undertake any obligation, to update or revise any
forward-looking information or statements contained in this news release to
reflect subsequent information, events or circumstances or otherwise, except if
required by applicable laws.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lakeside Minerals Inc.
Yannis Banks
President and CEO
(416) 777-6169
ybanks@foundationmarkets.com
www.lakesideminerals.com

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