Gold Lakes Corp Unveils Acquisition Strategy

Beachwood, Ohio, March 17, 2016 (GLOBE NEWSWIRE) -- Gold Lakes Corp. (OTCQB: GLLK) would like to update the market and shareholders that Gold Lakes Corp. has been recently looking for acquisitions in the Abitibi Greenstone Belt region, in Ontario, Canada

Company management commented, "We believe there is a significant opportunity to acquire complementary properties or assets in the metals market"

For slightly over a century, the legendary Abitibi-Greenstone belt has produced hundreds of billions of dollars' worth of mostly gold, silver, copper and zinc.

The Company plans to provide further updates as developments occur regarding its acquisition efforts.

About Gold Lakes Corp.:

Gold Lakes Corp. is an exploration stage company that specializes in acquiring and developing mining assets. The Company has entered into an Earn-In Agreement with Flex Mining Ltd. to acquire 100% of 6 Mining Claims, known as the "Big Monty" property, located in the prolific Abitibi Greenstone Belt region, in Ontario, Canada. The Big Monty property is bordered by producing gold mines and is situated within the Porcupine-Destor Fault Zone "PDFZ" and Larder Lake Cadillac Fault Zone.
www.goldlakes.com

Sincerely,

Chris Vallos

CEO & President

Investor Relations:

216-916-9303

info@goldlakes.com

Forward Looking Statements:

This news release includes "forward looking statements", as that term is defined in Section 27A of the Unites States Securities Act of 1933, as amended, and Section 21E of the United States Exchange Act of 1934, as amended, that are subject to assumptions, risks and uncertainties. Statements in this news release that are not purely historical are forward looking statements, including without limitation any statements concerning the Company's intentions, plans, estimates, expectations or beliefs regarding the future. Although the Company believes that any forward looking statements in this news release are reasonable, there can be no assurance that any such forward looking statements will prove to be accurate. The Company cautions readers that all forward looking statements, including without limitation those relating to the Company's future operations and business prospects, are based on assumptions none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward looking statements.

Any forward looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward looking statements, or to update the reasons why actual events or results could or do differ from those projected in the forward looking statements. Except as required by law, the Company assumes no obligation to update any forward looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Gold Lakes Corp.