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Lakota Announces Re Discussion and Analysis (“MD&A”)

Financials

Calgary, Alberta, Canada NEWS RELEASE LAKOTA ANNOUNCES RE DISCUSSION AND ANALYSIS (“MD&A”) LAKOTA RESOURCES INC. (the "Company" or "Lakota") has announced that it MD&A for the year ended December 31, 2009. The original MD&A was filed on January 20, 2011. The revised MD&A now includes the Corporate Governance and Executive Com as the Company’s Audit Committee Charter.

The revised MD&A does not reflect a material change in the Company’s financial position, but rather provides additional information in respect to Forward Looking Statements Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward -looking statements. Forward estimates of management at th e date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward -looking statements. Except as required by applicab the Corporation undertakes no obligation to update forward management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

FOR FURTHER INFORMATION PLEASE CONTACT:

Colin Taylor

Investor Relations

Phone: (306) 664-4626 Fax: (306) 664-3818 Paul Conroy President and Chief Executive Officer Phone: (403) 237-6122 Fax: (403) 237-6144 May LAKOTA ANNOUNCES RE-FILING OF ITS 2009 MANAGEMENT DISCUSSION AND ANALYSIS (“MD&A”) (the "Company" or "Lakota") has announced that it has filed an amended MD&A for the year ended December 31, 2009. The original MD&A was filed on January 20, 2011. The revised MD&A now includes the Corporate Governance and Executive Com pensation disclosure, as well as the Company’s Audit Committee Charter.

The revised MD&A does not reflect a material change in the Company’s financial position, but rather in respect to the Company.

Except for statements of historical fact relating to the Corporation, certain information contained herein looking statements. Forward -looking statements are based on the opinions and e date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those looking statements. Except as required by applicab le securities requirements, the Corporation undertakes no obligation to update forward -looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance ION PLEASE CONTACT: 13, 2011 FILING OF ITS 2009 MANAGEMENT an amended MD&A for the year ended December 31, 2009. The original MD&A was filed on January 20, 2011. The pensation disclosure, as well The revised MD&A does not reflect a material change in the Company’s financial position, but rather Except for statements of historical fact relating to the Corporation, certain information contained herein looking statements are based on the opinions and e date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those le securities requirements, looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance