Explor Resources Inc New EXSFF

LSG/THO

[Goodwithtoys]

LSG News Release...Lake Shore Gold Announces Shareholder Approval of Plan of Arrangement With Tahoe Resources Inc. 03/31/2016 TORONTO, ONTARIO -- (Marketwired) -- 03/31/16 -- Lake Shore Gold Corp. (TSX:LSG)(NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") is pleased to announce that it has received overwhelming shareholder approval at the special meeting held today to approve the previously announced business combination with Tahoe Resources Inc. ("Tahoe") to be completed by way of a plan of arrangement (the "Arrangement"). The Arrangement was approved by approximately 95.1% of the votes cast by Lake Shore Gold shareholders. Tahoe will also be holding a special meeting of shareholders today at 9:00 a.m. (Vancouver time) to approve the issuance of Tahoe common shares in connection with the Arrangement. Further information concerning the results of voting at Tahoe's meeting of shareholders will be contained in a press release to be issued by Tahoe later today. Lake Shore Gold will seek the final order of the Superior Court of Justice of Ontario on April 1, 2016, to implement the Arrangement. The Arrangement is anticipated to become effective on April 1, 2016, subject to obtaining the final order and satisfaction or waiver of all other closing conditions.