LPT Capital Ltd. | Lincoln Gold Corp. |
JOINT NEWS RELEASE
Lincoln Gold Corporation and LPT Capital Ltd. Provide Update on Business Combination
Paul Saxton, representing Lincoln Gold Corporation ("Lincoln") and Philip Walsh, representing LPT Capital Ltd. ("LPT"), are pleased to provide this update on the status of their proposed business combination further to the joint news release dated January 22, 2009.
The meeting of Lincoln shareholders and the meeting of LPT shareholders in connection with the business combination are each scheduled to be held on February 18, 2009.
Lincoln and LPT have agreed to an extension to the transaction closing deadline to no later than April 30, 2009 and have entered into an amending agreement to reflect this extension. The amending agreement also clarifies a technical provision in the definition of "Effective Date" contained in the plan of arrangement and the arrangement agreement. A copy of the amending agreement is available under the companies' profiles at www.sedar.com.
For further information please contact Paul Saxton at 604-688-7377 and Philip Walsh at
604-720-0099.
On behalf of LPT Capital Ltd. "PHILIP J. WALSH" Philip J. Walsh | On behalf of Lincoln Gold Corp. "PAUL SAXTON" Paul Saxton |
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