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Baillie Gifford US Growth Trust plc BLGFF

Baillie Gifford US Growth Trust plc is a United Kingdom-based investment company. The Company’s investment objective is to produce long-term capital growth. The Company seeks to invest predominantly in listed and unlisted United States companies. The Company invests in holdings in listed securities and private companies up to a combined maximum of about 90 companies or funds, typically with 30 or more listed security holdings. The maximum amount which may be invested in companies not listed on a public market shall not exceed 50% of total assets (measured at the time of purchase). The maximum direct investment in any one company or fund is limited to 10%. The Company invests in various sectors, including information technology, consumer discretionary, communication services, industrials, healthcare, financials, real estate, materials, consumer staples, and net liquid assets. The Company’s alternative investment fund manager is Baillie Gifford & Co Limited.


OTCPK:BLGFF - Post by User

Post by wind00on Sep 21, 2012 10:18am
343 Views
Post# 20395456

Bear Lake Announces CEO Resignation and Option Gra

Bear Lake Announces CEO Resignation and Option Gra

Bear Lake Announces CEO Resignation and Option Grant

LONGUEUIL, QUÉBEC--(Marketwire - Sept. 21, 2012) - Bear Lake Gold Ltd. (TSX VENTURE:BLG) (the "Company") announces that Francois Viens will resign as president, chief executive officer and director of the Company at the end of 2012. Mr. Viens will continue to provide consulting services to the Company from time to time. A search for a new president and CEO will begin under the direction of the Company's executive chairman. The Board wishes to thank Mr. Viens for his contributions, and wishes him well in his future projects.

As part of the termination arrangement with Mr. Viens and his continuation as a consultant, the Company has agreed to issue to Mr. Viens 1,000,000 stock options under the Company's Stock Option Plan, of which 500,000 will vest only under certain conditions. The exercise price of the options is $0.10 per share. The grant of options is subject to approval of the TSX Venture Exchange.

About Bear Lake Gold

The Company's Larder Lake gold project located on the Cadillac-Larder Lake Break in north-eastern Ontario is being explored under an option and joint venture agreement with Gold Fields Abitibi Exploration Corporation (a subsidiary of Gold Fields Limited). In 2011, the Company announced the completion of a NI 43-101 compliant mineral resource on the Bear Lake and Cheminis properties. Additional information about the Company is available on its website at www.bearlakegold.com and on SEDAR at www.sedar.ca.

Neither 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.


Source: Marketwire Canada (September 21, 2012 - 9:56 AM EDT)

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