LKY Lucky Minerals Inc

Lucky Strike Resources Ltd. (TSX VENTURE:LKY)(OTCQX:LKYSF) ("Lucky") is pleased
to announce it has increased the size of its NFT non-brokered private placement
from 3 million units to up to 6 million units, pending exchange approval. The
terms of the NFT units remain the same at $0.08 per unit. The size of the FT
units remains the same at up to 3 million units.


The FT Unit are comprised of one common share ("Share") and one half of one
(1/2) non-transferable Hard share purchase warrant ("NFT Warrant") at a price of
$0.10. Each full NFT Warrant to be exercisable at $0.15 for a period of two
years from the date of closing of the Transaction.


The NFT Units are comprised of one common share ("Share") and one (1) non
-transferable Hard share purchase warrant ("Hard Warrant") at a price of $0.08.
Each Hard Warrant to be exercisable at $0.13 for a period of two years from the
closing of the Transaction.


In the event that the closing price of the Common Shares on the Exchange is
$0.35 or more for 20 consecutive trading days at any time subsequent to the
expiry of any statutory hold period, then the Issuer will earn the right, by
providing written notice (the "Warrant Notice") to the warrant holders, to
accelerate the expiry date of the FT Warrants and the NFT Warrants to the date
which is the earlier of: (a) the date which is 30 days from the date of the
Warrant Notice; and (b) the original expiry date.


Lucky is also pleased to announce, pending exchange approvals, 4,555,000 NFT
units have been subscribed for, and 200,000 FT units have been subscribed for on
the First Tranche of its recently announced non-brokered private placement.
Total combined gross proceeds of both non-brokered placements is $384,400 CAD.
The company will pay finders' fees for a total of $23,232.00 plus issue 368,450
broker warrants. Each broker warrant is exercisable into one common share at 13
cents for two years from closing.


The Company is also pleased to announce it has entered into loan facilities
agreement with Jordan Capital Markets Inc., as to $75,000 and Jordan Ventures
Ltd., as to $125,000, pending exchange approvals. The loans have a term of 90
days, carry a rate of interest of 12.00 per cent per annum and are secured by
promissory notes in the principal amount of the loans, as well as a general
security agreements executed by the company granting the lender security over
all present, and after acquired real and personal property of the company. The
lender has the right to convert all or any portion of the loans that are
outstanding, at any time, into units of the company upon providing the company
with three business day's written notice at a price of $0.09 cents per loan
unit. Accrued and unpaid interest on the loan may be converted into loan units
at any time by the lender at a price equal to the closing price of the company's
shares on the date of delivery of any notice to convert by the lender to the
company. Each loan unit will comprise one share and one non-transferable share
purchase warrant of the company, entitling the holder to purchase one common
share of the company for a period of two years from the date of issuance of the
loan warrant at a price of $0.12 cents per loan warrant share, subject to the
same acceleration clause as the warrants (outlined above).


The lender and the company have agreed that the lender may not convert the
loans, or any accrued and unpaid interest on the principal amount of the loans,
into a number of loan units which, assuming the immediate exercise of all loan
warrants comprising such loan units, would cause the lender to be the registered
owner of greater than 10 per cent of the then-issued and outstanding shares of
the company. Both notes are due on June 12th, 2014.


In connection with the loan, the company has entered into a Corporate Finance
Advisory Agreement with Jordan Capital Markets (Jordan). In payment of the
services to be rendered herein, the Company shall pay to Jordan an engagement
fee of $15,000 plus Goods and Services Tax and issue Jordan 150,000 common
shares in the capital of LKY. The term of this agreement is 2 months.


The company intends to use the loan proceeds to meet its expenditure
requirements on its option to acquire a 25-per-cent interest in the Western
Athabasca Syndicate, and for general working capital purposes.


About the Western Athabasca Syndicate:

The Western Athabasca Syndicate Partnership is a strategic partnership formed
between Lucky Strike et al, to explore and develop a 287,130 hectare suite of
uranium properties that is one of the largest land positions along the highly
prospective margin of the Western Athabasca Basin


Under the terms of the agreement, each of the four companies has an option to
earn 25% of the five uranium properties comprising the Western Athabasca
Syndicate Partnership by making a series of cash payments, share payments, and
incurring their pro-rata amount of the total $6,000,000 in exploration
expenditures over the two-year earn-in term of the agreement. The bulk of the
Syndicate land package is bisected by all-weather Highway 955 which runs north
through the PLS discovery on to the former Cluff Lake uranium mine.


The Athabasca Basin of Saskatchewan hosts the world's largest and richest
high-grade uranium deposits. The Patterson Lake area has received escalating
exploration attention and claim acquisition activity.


Drilling of initial targets has begun today, March 13, 2014.

Lucky Strike Resources Ltd., The Company has 45,081,836 shares outstanding. To
find out more about Lucky Strike Resources Ltd. (TSX VENTURE:LKY)(OTCQX:LKYSF)
visit the Company's website at www.luckystrikeresources.com.


On behalf of Management

Lucky Strike Resources Ltd. 

Ron Rieder, CEO, President & Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. This news release may contain certain
"Forward- Looking Statements" within the meaning of Section 21E of the United
States Securities Exchange Act of 1934, as amended. All statements, other than
statements of historical fact, included herein are forward-looking statements
that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from the Company's
expectations are disclosed in the Company's documents filed from time to time
with the Toronto Venture Exchange, the British Columbia Securities Commission
and the US Securities and Exchange Commission.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lucky Strike Resources Ltd.
Ron Rieder
President and CEO
604-681-8225 or Cell: 604-727-4653


Lucky Strike Resources Ltd.
Derek Huston
Investor Relations
604-657-5539
www.luckystrikeresources.com

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