European Minerals Corporation Learns of Possible Claim, Lero Gold Corp. Reschedules Shareholder Meeting to June 12, 2008
11 6월 2008 - 10:51PM
Marketwired
LONDON, UNITED KINGDOM (TSX: EPM)(AIM: EUM) announces that it
has learned of a Statement of Claim (the "Claim") issued in the
Ontario Superior Court of Justice (Court File No. 58422CP) against
EMC and two of its officers. The Claim, which has not yet been
served on any of the defendants, names Bernard Szuszkiewicz as a
proposed representative plaintiff in a proposed class proceeding on
behalf of persons who acquired securities of EMC during the period
from May 16, 2007 until March 31, 2008. The Claim relates to the
announcement by EMC on March 31, 2008 that it was reviewing its
accounting for derivatives to ensure compliance with certain
provisions of the CICA Handbook and that it anticipated that such
review would result in a restatement of EMC's interim financial
statements for the first three fiscal quarters of 2007. The
financial statements were restated and were subsequently issued by
EMC on April 11, 2008 and filed on SEDAR (www.sedar.com). The
plaintiff is claiming general and special damages in the amount of
CAD$50,000,000 and punitive damages in the amount of CAD$5,000,000.
The claim has not yet been certified as a class action. EMC
believes that the Claim is without merit and intends to vigorously
dispute the Claim if and when it is served.
Lero Gold Corp. ("Lero") (TSX VENTURE: LER) has reviewed the
Claim with EMC. Each of Lero (after taking advice from its
financial advisor Canaccord International Ltd.), its special
committee (after taking advice from its financial advisor PI
Financial Corp.) and EMC (after taking advice from its financial
advisor Endeavour Financial International Corporation), continue to
support the business combination between Lero and EMC. Accordingly,
Lero is proceeding to consider the proposed business combination at
a reconvened meeting of its shareholders to be held on Thursday,
June 12, 2008, after the meeting was adjourned from June 10, 2008.
The reconvened meeting will be held at 9:00 am (Vancouver time) on
Thursday, June 12, 2008 at 2nd Floor, 888 Dunsmuir Street,
Vancouver, British Columbia.
Contacts: European Minerals Corporation - United Kingdom Tony
Williams Chairman +44 (0) 20 7529 7508 European Minerals
Corporation - United Kingdom Bert Kennedy President and CEO +44 (0)
20 7529 7508 Website: www.europeanminerals.com Lero Gold Corp. -
United Kingdom Dr. Sergey V. Kurzin Chairman +44(0) 20 7514 0590
Lero Gold Corp. - United Kingdom Alexander Yakubchuk CEO +44(0) 20
7514 0590 Lero Gold Corp. - United Kingdom Gavin Dallas Investor
Relations +44(0) 20 7514 0590 Website: www.lerogold.com Bankside
Consultants - United Kingdom Michael Padley/ Michael Spriggs +44(0)
20 7367 8888 Nomad - United Kingdom Grant Thornton Corporate
Finance Gerry Beaney/Colin Aaronson +44 (0) 20 7383 5100 Vanguard
Shareholder Solutions Inc. - North America Keith Schaefer
1-866-448-0780 Email: ir@vanguardsolutions.ca
Lero Gold Corp (TSXV:LER)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Lero Gold Corp (TSXV:LER)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024
