BEC International Corporation - Announcement Regarding Holdings in Lakota Resources Inc.

CALGARY, July 28, 2011 /CNW/ - BEC International Corporation ("BEC") reports that, pursuant to a debt cancellation agreement with Lakota Resources Inc. ("Lakota"), whereby in consideration of forgiving and canceling a debt in the amount of $650,000 owing to BEC by Lakota, BEC has acquired ownership of 65,000,000 common shares in the capital of Lakota. The shares issued in connection with the settlement of this debt are subject to a four month hold period from their date of issuance.

Based on the understanding of BEC that 395,167,185 common shares of Lakota are issued and outstanding as of July 28, 2011, the direct and indirect shareholdings of BEC in Lakota, immediately following completion of the shares for debt transaction, represents approximately 17.7% of the outstanding common shares of Lakota, calculated on a non-diluted basis.

BEC will be filing a report (as contemplated by National Instrument 62-103 - The Early Warning System and Related Takeover Bid and Insider Reporting Issues) in connection with its acquisition of the common shares in the capital of Lakota.

%SEDAR: 00008258E

For further information:

or to obtain a copy of the early warning report, please contact William R. MacNeill, at (306) 664-4626.

CO: Lakota Resources Inc.

CNW 22:30e 28-JUL-11