Lorraine Copper

News

Lorraine Copper Grants Stock Options

News Releases
March 29, 2011
Lorraine Copper Grants Stock Options
Vancouver, BC, March 29, 2011 – Lorraine Copper Corp. (TSX-V: LLC) (the “Company”) has granted a total of 1,700,000 incentive stock options to directors and employees of the Company pursuant to the Company’s stock option plan. The stock option plan (a “rolling” plan with a maximum of 10% of issued shares reserved for issuance) was approved by shareholders on July 21, 2010. The 1,700,000 options are exercisable for a period of five years at a price of $0.10 per share and are subject to the approval of the TSX Venture Exchange. The options and the shares issuable upon exercise shall be subject to a four-month hold period from the date of the grant of the options. The options vest immediately. Following this grant, there will be 2,625,000 stock options outstanding with an expiry date of May 26, 2013 and an exercise price of $0.15 per share and 1,700,000 stock options outstanding with an expiry date of March 29, 2016 and an exercise price of $0.10 per share.

The Company presently has 43,665,002 shares issued and outstanding.

Bill Morton

J. William Morton, P.Geo.
President
Lorraine Copper Corp.

About Lorraine Copper

Lorraine Copper holds a 49% interest in the large Lorraine project. Teck Resources Limited holds a 51% interest with an option to take that ownership up to 60% by completing a feasibility study and to 65% by arranging production financing for Lorraine Copper. For more information please visit the Company’s website at www.lorrainecopper.com.

FOR FURTHER INFORMATION REGARDING LORRAINE COPPER PLEASE CONTACT:
Paul Way, Business Development Manager

(604) 681-7913 or Toll Free: (888) 656-6611

The TSX – Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.