Long Harbour Declines Pursuing JV Transaction
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/22/13 -- LONG HARBOUR EXPLORATION CORP. (TSX VENTURE: LHC) (the "Company") has decided not to follow through on a proposed investment into a 70% owned joint venture focused on the air cargo container sector. As the Company will not pursue the opportunity announced in a November 21, 2012 news release it will not undertake the non-brokered unit private placement at a price of $0.15 per unit, for gross proceeds of up to $500,000.
The Company currently holds two uranium properties in the Athabasca Basin, the world's leading source of high-grade uranium and is encouraged by the strengthening of the uranium sector. It will also continue to review opportunities deemed value-added to its investors.
Long Harbour CEO, Peter Espig, commented, "Though the opportunity provided potential it became evident that it was in the Company's best interest to focus on its current assets and to pursue other opportunities. Though the Company intends to conduct a private placement in the near future we did not feel it appropriate to conduct one at this time as it may be perceived to be associated with the joint venture proposal."
Neither the 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.
Contacts:
Long Harbour Exploration Corp.
Peter Espig
CEO
778-385-1213
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 22.02.2013 - 22:15 Uhr
Sprache: Deutsch
News-ID 232457
Anzahl Zeichen: 0
contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Venture Capital
Diese Pressemitteilung wurde bisher 263 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Long Harbour Declines Pursuing JV Transaction"
steht unter der journalistisch-redaktionellen Verantwortung von
Long Harbour Exploration Corp. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
