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 Tue Sep 15, 2009
Grant Of Stock Options

 Vancouver, Canada -- Lysander Minerals Corporation (TSXV: LYM) (the "Company") announces that pursuant to its stock option plan and subject to regulatory approval, Lysander has granted 2,200,000 options to directors, officers and consultants. These options will have an exercise price of $0.30 per share and will expire on September 15, 2014. The securities represented by this grant will be subject to a four-month hold period and a vesting schedule which will allow for the staged exercise of the options on a regular quarterly schedule over an 18-month period.


On behalf of the Board,


Bryce M.A. Porter
President and CEO


About Lysander


Since the spin-out of its Lorraine-Jajay copper-gold project to Lorraine Copper Corp. (TSX-V: LLC) in April 2008, Lysander's declared strategy is to seek advanced resource projects with potential for exceptional returns, without geographical limitations. It has focused on energy, commencing with options to acquire the Verticalnaya anthracite coal project in the Donbass Coal Basin of Ukraine.

In September 2008, a NI 43-101 technical report on the Verticalnaya mine was prepared on behalf of Lysander and is available on SEDAR (www.sedar.com) and the Company's website. A technical report on a possible satellite operation north of Verticalnaya mine is currently in preparation.

The Verticalnaya coal mine is situated in the Lugansk region of Ukraine. The mine previously produced anthracite, a high quality, premium priced coal. It is on care and maintenance after a period of low production following the break-down of the Soviet Union.

Please visit our website at www.lysanderminerals.com for further information.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.
 
 

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