Lake Victoria Mining Company accepted and completed private placements totaling $1,594,600 as of April 12, 2010. The funds will be used to advance the company's gold projects in Tanzania, East Africa and for corporate expenses.

About the Company
Lake Victoria Mining Company, Inc. along with its wholly owned subsidiary, Kilimanjaro Mining Company Inc. (www.kilimanjarominingcompany.com) is working to create another gold mine in the world famous Lake Victoria Greenstone Belt, Tanzania, East Africa. Tanzania produced 1.75 million troy ounces of gold during 2007 and is the 3rd largest gold producer in Africa behind South Africa and Ghana. Lake Victoria holds eleven prospective gold projects and five uranium projects within its Tanzania property portfolio.

Additional information regarding the Company is available on the corporate website at: www.lakevictoriaminingcompany.com

Info source: marketwatch.com