Lake Shore Gold Signs Formal Agreement for Option on Company's Mexican Exploration Properties

Lake Shore Gold Corp.

today announced that it has signed a formal option agreement with Revolution Resources Corp. through which Revolution may acquire up to 100% of the Company's four Mexican property positions, including the Universo, Montana de Oro, Lluvia de Oro and La Bufa properties. As a result of signing the formal agreement, Revolution will issue to Lake Shore Gold common shares representing a 9.9% equity interest in Revolution.