VANCOUVER, Feb. 17 /CNW/ - Paul Saxton, representing Lincoln Gold
Corporation ("Lincoln") and Philip Walsh, representing LPT Capital Ltd.
("LPT"), are pleased to provide this update on the status of their proposed
business combination further to the joint news release dated January 22, 2009.
The meeting of Lincoln shareholders and the meeting of LPT shareholders
in connection with the business combination are each scheduled to be held on
February 18, 2009.
Lincoln and LPT have agreed to an extension to the transaction closing
deadline to no later than April 30, 2009 and have entered into an amending
agreement to reflect this extension. The amending agreement also clarifies a
technical provision in the definition of "Effective Date" contained in the
plan of arrangement and the arrangement agreement. A copy of the amending
agreement is available under the companies' profiles at www.sedar.com.
On behalf of LPT Capital Ltd. On behalf of Lincoln Gold Corp.
"PHILIP J. WALSH" "PAUL SAXTON"
Philip J. Walsh Paul Saxton
President & CEO President & CEO
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
OR ACCURACY OF THIS RELEASE.
For further information:
For further information: Paul Saxton at (604) 688-7377 and Philip Walsh
at (604) 720-0099