Lysander Minerals Corporation - News Releases - CAT/Osilinka Option Terminated

	Mon Jan 4, 2010 CAT/Osilinka Option Terminated
	Vancouver, Canada - Lysander Minerals Corporation (TSXV: LYM) (the "Company") announces termination of the option agreement under which Cadillac Mining Corporation has conducted exploration of Lysander's CAT/Osilinka copper-gold prospect in the Omineca District of north-central British Columbia. Lysander is now focused on energy and is commencing development of its large Verticalnaya Mine anthracite coal project in Ukraine. Accordingly, it will seek a suitable partner to continue exploration at the CAT/Osilinka project. Lysander considers the property to have potential. It is situated in an area that is attracting considerable attention. On behalf of the Board, Bryce M.A. Porter President and CEO About Lysander Lysander is now focused on energy. In 2008, it negotiated initial options to acquire the Verticalnaya anthracite coal project in the Donbass Coal Basin of Ukraine. The acquisition was completed at the end of November 2009. Lysander plans to initiate construction work later in 2010. It is currently conducting pumping and care and maintenance operations including an initial improvement program. 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 was placed 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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