October 18, 2006

The common shares of Hy Lake Gold Inc. have been approved for listing on CNQ. There are approximately 11.3 million common shares outstanding with a public float of 7.7 million shares. Hy Lake is a mineral exploration company with rights to earn a 75% interest in the Jamie Frontier Property in the Red Lake mining district of Ontario.

Listing and disclosure documents for Hy Lake Gold Inc. will be available in the CNQ Issuer Disclosure Hall

Trading Date: Monday, October 23, 2006
Symbol: HYLK
CUSIP: 448523 10 0

Applications are being accepted for Market Makers for "HYLK". If you have any questions or require further information please contact Radhika Joseph at (416) 572-2000 X 2435 or E-mail: [email protected]