Laramide Resources Ltd. (TSX-LAM) reports that Marc Henderson, President of Laramide purchased a total of 500,000 common shares of Laramide in March, 2004 through the TSX Venture Exchange and through the exercise of previously issued common share purchase warrants and options, which when added to previous purchases by Mr. Henderson brings his holdings to 3,541,112 common shares of Laramide. This represents approximately 12.1% of the outstanding common shares of the Company.
Mr. Henderson has acquired the above-noted shares of the Company for investment purposes and he may, depending on market and other conditions, increase his beneficial ownership, control or direction over the common shares or other securities of the Company, through market transactions, private agreements, treasury issuances, exercise of convertible securities or otherwise.
For further information contact:
Marc C. Henderson, President
Tel: (416) 599-4133
Or visit our web site at www.Laramide.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.