Lakeside Minerals Inc. Announces Shares for Debt Agreements

Lakeside Minerals Inc. (TSX VENTURE:LAK) (the "Company") is pleased to announce
that is has entered into shares for debt agreements totalling $333,639.35 with
arm's length and non-arm's length parties. The Company also announces a change
to its Board. 


A total of 5,865,734 units ("Units"),  for gross proceeds of $293,286.70 were
issued to unrelated parties for settlement of debt, and 807,053 common shares
("Shares") for gross proceeds of $40,352.65 were issued to insiders and related
parties for outstanding fees. The issuance of the Units and Shares will not
result in a change of control of the Company, will be subject to a four-month
hold period from the date of settlement, and will be subject to the approval of
the TSX Venture Exchange. 


Each Unit, priced at $0.05, consists of one (1) Share and one (1) Share purchase
warrant ("Warrant"). Each full Warrant entitles the holder to acquire one common
share of the Company at a price of $0.10 per share for a period of sixty (60)
months from the closing date. The term of the Warrant is subject to an
acceleration right at the option of the Company, provided that the common shares
of the Company trade at or above $0.40 for a full 20 consecutive trading days
and the Company has provided Warrant holders with 30 days prior written notice
of the accelerated Warrant exercise date.  


The 807,053 Shares issued to insiders and related parties were for settlements
of outstanding fees to the following: $20,352.65 to the Company CEO, $12,500 to
Foundation Opportunities Inc., and $7,500 to Cavalry Corporate Solutions. No
Warrants were issued pursuant to settlements by insiders and related parties.   


Board Change   

Scott Jobin-Bevans stepped down from the Company Board effective March 25th,
2013 to pursue business opportunities overseas. The Company thanks Mr.
Jobin-Bevans for his dedicated services.   


About Lakeside Minerals Inc.

Lakeside Minerals Inc. is engaged in acquiring, exploring, and developing
mineral properties in Quebec. The Company's Launay property is a major
consolidated land package, 227 mineral claims covering 102.5 sq km, 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 gold drill
intersections. The property claims also cover a broad 6 km trend of gold in soil
anomalies never tested by drilling.


The Launay property land package allows the Company to focus on an extensive
trend of known gold occurrences associated with a major deformation zone in the
heart of the Abitibi subprovince. Large portions of the Macamic deformation
zone, subsidiary faults, and splays remain to be fully explored. The Launay
property displays excellent potential for discovery.


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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lakeside Minerals Inc.
Mario Justino
President and CEO
[e-mail]
www.lakesideminerals.com