Vancouver, British Columbia–(Newsfile Corp. – April 4, 2022) – LaSalle Exploration Corp. (TSXV: LSX) (“LaSalle” or the “Company”) is pleased to announce that on April 1, 2022, the Supreme Court of British Columbia issued a final court order approving the previously announced acquisition of Lasalle by Harfang Exploration Inc. (TSXV: HAR) (“Harfang”) by way of a plan of arrangement (see LaSalle’s press release dated January 10, 2022 for further details).
“We are very pleased to have received unanimous shareholder support for the transaction, resulting in a much stronger exploration company that is safely funded. working with our combined team in applying diligent and disciplined effort to ensure exploration success and company value to shareholders,” commented Ian Campbell, President and Chief Executive Officer of LaSalle.
The transaction remains subject to final approval by the TSX Venture Exchange (“TSXV”) and is expected to close in mid-April following the completion of all required filings and approvals. Following completion of the transaction, the shares of LaSalle will be delisted from the TSXV. A request will also be made for the Company to cease to be a reporting issuer in the applicable jurisdictions upon closing of the Transaction.
Additional information regarding the terms of the Transaction are set forth in the Circular which is available under LaSalle’s profile at www.sedar.com, and on the Company’s website at www.lasalleexploration.com.
On behalf of the Board of Directors of LaSalle Exploration Corp.
President, CEO and Director
About Harfang Exploration Inc.
Harfang is a mining exploration company whose primary mission is to discover new gold districts in the province of Quebec. Harfang’s development model is based on generating new mining projects and establishing partnerships with large exploration and mining companies to advance its exploration projects. Harfang trades on the TSX Venture Exchange under the symbol “HAR”.
About LaSalle Exploration Corp.
LaSalle is a Canadian exploration company focused on the less explored Abitibi districts of Ontario and Quebec, known for its mining investments based on mineral potential, politics and success., LaSalle is actively exploring Radisson in the region by development of Eeyou Itschee-James Bay in Quebec as well as the high-grade Blakelock and Egan gold properties located in northeastern Ontario. LaSalle trades on the TSX Venture Exchange under the symbol “LSX”.
For more information, please contact:
Harfang Exploration Inc.
Telephone: 514 940-0670 ext. 339
Email: [email protected]
LaSalle Exploration Corp.
Phone: (604) 647-3966
Email: [email protected]
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.
Caution Regarding Forward-Looking Information
All statements, trend analyzes and other information contained in this press release regarding expected future events or results are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “have the intent” and statements that an event or result “may”, “shall”, “should”, “might” or “could” occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein, including without limitation statements regarding the closing of the Arrangement, are forward-looking statements. Although LaSalle believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements as the Company cannot guarantee that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in these forward-looking statements, including the risks, uncertainties and other factors identified in the filings. periodicals of the Company with Canadian securities regulators. and the assumptions made regarding: the Company’s ability to complete the proposed arrangement; the Company’s ability to obtain the legal and regulatory approvals necessary to complete the Arrangement and the Company’s ability to realize the synergies expected as a result of the Arrangement. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the risks associated with the businesses of Harfang and LaSalle; risks related to the satisfaction or waiver of certain conditions upon closing of the arrangement; failure to complete the Arrangement; and other risk factors as detailed from time to time and additional risks identified in documents filed by Harfang and LaSalle with Canadian securities regulators on SEDAR in Canada (available at www.sedar.com). Forward-looking statements are based on management’s estimates and opinions as of the date the statements are made. LaSalle undertakes no obligation to update forward-looking statements, except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119283