GREY:WFREF - Post by User
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TOMMY1on Jun 16, 2016 6:18pm
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Post# 24972704
Really?! Extended to July 29, 2016
Really?! Extended to July 29, 2016 June 16, 2016
Long Run Exploration Ltd. Provides Update on Arrangement
CALGARY, ALBERTA--(Marketwired - June 16, 2016) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) announces that Calgary Sinoenergy Investment Corp. (the "Purchaser") has extended the outside date of the proposed plan of arrangement involving Long Run, the Purchaser and the Long Run securityholders (the "Arrangement") to July 29, 2016.
The Purchaser has submitted its final documentation for approval with respect to the regulatory review process under theInvestment Canada Act. Long Run and the Purchaser continue to anticipate that the Arrangement will close shortly following, and subject to, the receipt of approval under the Investment Canada Act.
Further details regarding the Arrangement can be found in the Company's information circular and proxy statement dated January 29, 2016 and the addendum thereto, each filed on Long Run's SEDAR profile at www.sedar.com.