VANCOUVER, British Columbia, June 22, 2006 (PRIMEZONE) -- Douglas Lake Minerals Inc. (OTCBB:DLKM) has engaged Barrington Financial Group to introduce Douglas Lake Minerals Inc. to institutional investment funds, advisors and analysts in Europe and North America. The company has 20 years of experience in international investment banking, introducing their clients to a multitude of international investment funds and advisors. Barrington will start by arranging meetings with numerous qualified European Investment Funds.
Douglas Lake's CEO/President Harp Sangha stated, "We believe our relationship with Barrington will provide an effective strategic fit with our existing Canadian, U.S. and European partners, as well as adding significant value to shareholders as we take Douglas Lake to the next level by communicating our story to the global investment audience. Barrington has a high rate of success representing their clients."
About Barrington Financial Group
Established in 1982, the Barrington Financial Group has managed Investment Banking and Investor Relations for numerous international mining and exploration companies including Diamond Fields, Ivanhoe, Bema Gold as well as the brokerage firm, Yorkton Securities.
About Douglas Lake Minerals, A Royalty-Based Company
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 either approved or disapproved the information contained herein. This news 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 risk factors beyond its control; and actual results may differ materially from expected results. The Company will not update forward-looking statements as conditions change. Factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's quarterly and other periodic filings with the SEC.