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For Immediate Release

98/25


CONTACT:

SEPTEMBER 10, 1998

WADE J. MURRAY
information@vse.ca
(604) 643-6592
Lake City Gaming Corp. Lists on VSE
Effective at the opening on September 10, 1998, Lake City Gaming Corp. commenced trading on the Vancouver Stock Exchange. The company is classified as an "Advanced" company and trades under the symbol "LCG".

Incorporated in British Columbia, Lake City Gaming Corp. is engaged in the business of operating casinos offering table games and slot machines in three locations in the interior of British Columbia,

The company’s capitalization is 100,000,000 common shares with no par value of which 11,203,000 common shares are issued and outstanding. Montreal Trust Company of Canada is the transfer agent for Lake City Gaming Corp. and Goepel McDermid Inc. is the sponsoring member.

The company has issued to its sponsor a total of 300,000 non-transferable share purchase warrants. Each warrant entitles the agent to purchase one share of the company at $1.50 per share during the first year and at $1.725 per share during the second year.

For further information, please refer to the Company’s Prospectus dated August 6, 1998, Amendment No.1 dated August 19, 1998.

LAKE CITY GAMING CORP.
Steve Kumpf, President
1617 Ellis Street
Kelowna, BC  V1Y 2A8
Phone: (250) 861-5457

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