VANCOUVER, British Columbia, June 13, 2006 (PRIMEZONE) -- Douglas Lake Minerals Inc. (OTCBB:DLKM) announces that Harp Sangha, CEO / President and Kal Matharu, Chairman, will attend the Arab-African Investment Banking and Business Summit to meet with influential Arab bankers and investors to present the DLKM investment opportunity. Stated Harp Sangha, "This is an excellent opportunity for us to meet with influential investors and tell them about the potential of our numerous mining property concessions in mineral-rich Tanzania."
The Arab-African Investment Banking & Business Summit is a dynamic event reflecting growing geopolitical and business relations between Arab and African countries, and the recent ongoing investment of billions of Petro dollars into key African countries. The summit highlights investment issues (capital availability, capital investment trends, capital flows, investment incentives) and investment opportunities in Africa. Dubai is a centre-point for Arabs and Africans and has a strong international banking representation. The Summit will attract significant Arab and African banks and other financial institutions, plus international banks operating in these regions.
About Douglas Lake Minerals
Our vision at Douglas Lake Minerals is to focus on exploring and developing gold, copper, nickel, uranium and diamond mining opportunities in Tanzania, a country with vast amounts of undeveloped mineral-rich natural resources. We are exploring and developing our large portfolio of prospecting concessions through royalty-based joint venture partnerships. Our strategy is to provide investors with considerable upside potential while minimizing future shareholder dilution through our royalty partnerships (www.douglaslakeminerals.com).
NOTE: No Exchange has neither approved nor disapproved of the information contained herein. This press release many contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control and actual results may differ materially from the expected results. The Company does not expect to update forward-looking statements continually as conditions change. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's quarterly filings with the SEC and other periodic filings.