Lara Exploration Announces That The Company Has Fully Disclosed All Material News

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 12, 2016) - Lara Exploration Ltd. ("Lara" or the "Company") (TSX VENTURE:LRA) announces, at the request of IIROC, that the Company has fully disclosed all material news regarding the Company and is not aware of any material changes in its business which would account for the increased volume and share price volatility in the trading of the Company's securities.

About Lara

Lara is an exploration company following the Prospect Generator business model, which aims to minimize shareholder dilution and financial risk by generating prospects and then exploring them in joint ventures funded by partners. The Company currently holds a diverse portfolio of prospects and deposits in Brazil, Peru, Colombia and Chile. Lara's common shares trade on the TSX Venture Exchange under the symbol "LRA".

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Contact Information:
Lara Exploration Ltd.
Chris MacIntyre
VP Corporate Development
+1 416 703 0010
www.laraexploration.com