Lakeside Minerals Inc. (TSX VENTURE:LAK) (the "Company") has amended the terms
to three of its property agreements.


The Company and its vendors have amended the terms of the agreement relating to
the Dufay property and agreements relating to certain claims that comprise the
Disson and Launay properties.


The issuance of common shares of the Company as consideration for the
acquisition of the mineral claims under both the Disson and Dufay property
agreements qualify as Expedited Acquisitions and are subject to the final
approval of the TSX Venture Exchange pursuant to Policy 5.3. 


The issuance of common shares of the Company as consideration for the
acquisition of the minerals claims under the Launay property agreement qualifies
as a Reviewable Transaction and is subject to the final approval of the TSX
Venture Exchange pursuant to Policy 5.3.


Dufay Property Amended Terms 

The cash payments of $75,000, to be payable on October 19th, 2012, and $100,000,
to be payable on October 19th, 2013, have been amended to:




--  $25,000 payable to the vendors on November 30th, 2012 
--  $12,500 payable to the vendors on June 1st, 2013 
--  $37,500 payable to the vendors on June 1st, 2014 
--  $50,000 payable to the vendors on June 1st, 2015 
--  $50,000 payable to the vendors on June 1st, 2016 



Besides the 250,000 common shares issuable as originally agreed, the Company
will issue to the vendors an additional 150,000 common shares for a total
issuance of 400,000 common shares.


The work commitment on the Dufay property has been amended to provide for
exploration expenditures of a minimum of $150,000 in the 18 month period
commencing October 22, 2012 and $350,000 in the 18 month period commencing April
22, 2014.


All other terms of the Dufay agreement remain the same.

Disson Property Claims Amended Terms

The current amendment only affects the agreement relating to 36 of 85 claims of
the Disson property. The cash payments of $50,000 payable on December 7th, 2012,
$60,000 payable on December 7th, 2013 and $80,000 payable on December 7th, 2014
have been amended to:




--  $25,000 payable to the vendors on June 1st, 2013 
--  $30,000 payable to the vendors on June 1st, 2014 
--  $40,000 payable to the vendors on June 1st, 2015 
--  $95,000 payable to the vendors on June 1st, 2016 



All of the common shares issuable remain the same: 250,000 common shares will be
issued on December 7th, 2012.


All other terms of the agreement relating to 36 claims of the Disson property
remain the same.


Launay Property Claims Amended Terms

The current amendment only affects the agreement relating to 28 of 212 claims of
the Launay property. The cash payments of $25,000 payable on December 7th, 2012
and $30,000 payable on December 7th, 2013 have been amended to:




--  $25,000 payable to the vendors on June 1st, 2013 
--  $30,000 payable to the vendors on June 1st, 2014 



All of the common shares issuable remain the same: 250,000 common shares will be
issued on December 7th, 2012.


All other terms of the agreement relating to 28 claims of the Launay property
remain the same.


About Lakeside Minerals Inc.

Lakeside Minerals Inc. is engaged in acquiring, exploring, and developing
mineral properties in Quebec. Presently, the company holds a portfolio of
properties located in the Rouyn-Noranda area of northwestern Quebec. These
properties display significant historical gold drill results and have 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
info@lakesideminerals.com
www.lakesideminerals.com