TORONTO, May 23, 2013 /CNW/ - Longford Energy Inc. (NEX - LFD.H)
("Longford") and Earth Video Camera Inc. ("UrtheCast") are pleased to
announce that the Toronto Stock Exchange ("TSX") has conditionally
approved listing of Longford's common shares under the ticker symbol
"UR" upon completion of the previously announced plan of arrangement
involving Longford and UrtheCast (the "Arrangement"). Listing is
subject to Longford meeting the initial listing requirements of the TSX
and meeting all conditions imposed by the TSX.
A joint information circular (the "Circular") with respect to the
Arrangement has been filed with Canadian securities regulators and
mailed to Longford and UrtheCast shareholders. The Circular is also
available for review on the SEDAR website (www.sedar.com).
This release contains certain "forward looking statements" and certain
"forward-looking information" as defined under applicable Canadian
securities laws. Forward-looking statements and information can
generally be identified by the use of forward-looking terminology such
as "may", "will", "expect", "intend", "estimate", "anticipate",
"believe", "continue", "plans" or similar terminology. Forward-looking
statements and information include, but are not limited to, statements
with respect to the listing of Longford's common shares on the TSX.
Forward-looking statements and information are subject to various known
and unknown risks and uncertainties, many of which are beyond the
ability of Longford to control or predict, that may cause Longford's
actual results, performance or achievements to be materially different
from those expressed or implied thereby, and are developed based on
assumptions about such risks, uncertainties and other factors set out
here in, including but not limited to: the risk that the Arrangement
will not be approved by the applicable stock exchange, the court or the
shareholders of Longford and/or UrtheCast, as applicable; risks and
uncertainties related to the arrangement not being completed in the
event that the conditions precedent thereto are not satisfied and other
related risks and uncertainties. Longford undertakes no obligation to
update forward-looking information except as required by applicable
law. Such forward-looking information represents management's best
judgment based on information currently available. No forward-looking
statement can be guaranteed and actual future results may vary
materially. Accordingly, readers are advised not to place undue
reliance on forward-looking statements or information.
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.
SOURCE: Longford Energy Inc.
For further information:
Peter H. Puccetti
Chief Executive Officer
Longford Energy Inc.
President and Chief Executive Officer
Earth Video Camera Inc.