Lahontan Provides Corporate Update
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) has announced two significant updates. Firstly, Ms. Kimberly Ann, the company's Founder, CEO, President, and Director, has been appointed Executive Chair by the Board of Directors, effective immediately. Secondly, the company provided an update on the block of Lahontan common shares held by Victoria Gold Corp (VGCX).
Following a court order, PricewaterhouseCoopers Inc. has been appointed as the receiver and manager of VGCX's assets. As a result, the VGCX share block cannot be sold without court approval. Lahontan's management believes this will allow for an orderly sale of the Lahontan common shares held by VGCX. The company is actively working to assist in any potential sale process to ensure the best outcome for Lahontan shareholders.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) ha annunciato due aggiornamenti significativi. In primo luogo, la signora Kimberly Ann, Fondatrice, CEO, Presidente e Direttore dell'azienda, è stata nominata Presidente Esecutivo dal Consiglio di Amministrazione, con effetto immediato. In secondo luogo, l'azienda ha fornito un aggiornamento sul blocco di azioni ordinarie di Lahontan detenute da Victoria Gold Corp (VGCX).
A seguito di un'ordinanza del tribunale, PricewaterhouseCoopers Inc. è stata nominata come curatore e gestore dei beni di VGCX. Di conseguenza, il blocco di azioni VGCX non può essere venduto senza approvazione del tribunale. Il management di Lahontan crede che ciò consentirà una vendita ordinata delle azioni ordinarie di Lahontan detenute da VGCX. L'azienda sta lavorando attivamente per assistere in qualsiasi potenziale processo di vendita per garantire il miglior risultato per gli azionisti di Lahontan.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) ha anunciado dos actualizaciones significativas. Primero, la Sra. Kimberly Ann, Fundadora, CEO, Presidenta y Directora de la empresa, ha sido nombrada Presidenta Ejecutiva por la Junta Directiva, con efecto inmediato. Segundo, la empresa proporcionó una actualización sobre el bloque de acciones ordinarias de Lahontan en poder de Victoria Gold Corp (VGCX).
Tras una orden judicial, PricewaterhouseCoopers Inc. ha sido nombrada como la administradora y gestora de los activos de VGCX. Como resultado, el bloque de acciones de VGCX no puede ser vendido sin la aprobación del tribunal. La dirección de Lahontan cree que esto permitirá una venta ordenada de las acciones ordinarias de Lahontan que posee VGCX. La empresa está trabajando activamente para ayudar en cualquier proceso de venta potencial para asegurar el mejor resultado para los accionistas de Lahontan.
라혼탄 골드 Corp (TSXV:LG)(OTCQB:LGCXF)는 두 가지 중요한 업데이트를 발표했습니다. 첫째, 회사의 창립자, CEO, 회장 및 이사인 킴벌리 앤 씨가 이사회의 의장으로 즉시 임명되었습니다. 둘째, 회사는 빅토리아 골드 Corp (VGCX)가 보유하고 있는 라혼탄 보통주 블록에 대한 업데이트를 제공했습니다.
법원 명령에 따라, 프라이스워터하우스쿠퍼스 Inc.가 VGCX의 자산 수탁자 및 관리자에 임명되었습니다. 그 결과, VGCX 주식 블록은 법원 승인 없이는 판매될 수 없습니다. 라혼탄 경영진은 이것이 VGCX가 보유한 라혼탄 보통주를 체계적으로 판매할 수 있도록 할 것이라고 믿습니다. 회사는 라혼탄 주주들에게 최상의 결과를 보장하기 위해 잠재적인 판매 프로세스를 지원하기 위해 적극적으로 노력하고 있습니다.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) a annoncé deux mises à jour significatives. Premièrement, Mme Kimberly Ann, fondatrice, PDG, présidente et directrice de l'entreprise, a été nommée présidente exécutive par le conseil d'administration, avec effet immédiat. Deuxièmement, l'entreprise a fourni une mise à jour sur le bloc d'actions ordinaires de Lahontan détenu par Victoria Gold Corp (VGCX).
Suite à une ordonnance du tribunal, PricewaterhouseCoopers Inc. a été désignée comme le curateur et gestionnaire des actifs de VGCX. En conséquence, le bloc d'actions de VGCX ne peut être vendu sans l'approbation du tribunal. La direction de Lahontan croit que cela permettra une vente ordonnée des actions ordinaires de Lahontan détenues par VGCX. L'entreprise travaille activement pour aider dans tout processus de vente potentiel afin d'assurer le meilleur résultat pour les actionnaires de Lahontan.
Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) hat zwei bedeutende Aktualisierungen angekündigt. Erstens, Frau Kimberly Ann, die Gründerin, CEO, Präsidentin und Direktorin des Unternehmens, wurde sofort vom Vorstand zur Executive Chair ernannt. Zweitens hat das Unternehmen ein Update zu dem Aktienblock der Lahontan Stammaktien, der von Victoria Gold Corp (VGCX) gehalten wird, bereitgestellt.
Nach einer Gerichtsanordnung wurde PricewaterhouseCoopers Inc. als Treuhänder und Verwalter der Vermögenswerte von VGCX eingesetzt. Infolgedessen kann der VGCX-Aktienblock ohne Genehmigung des Gerichts nicht verkauft werden. Das Management von Lahontan glaubt, dass dies einen geordneten Verkauf der von VGCX gehaltenen Lahontan-Stammaktien ermöglichen wird. Das Unternehmen arbeitet aktiv daran, einen potenziellen Verkaufsprozess zu unterstützen, um das beste Ergebnis für die Aktionäre von Lahontan zu gewährleisten.
- Appointment of Kimberly Ann as Executive Chair, potentially strengthening leadership
- Court-ordered management of VGCX's assets may lead to an orderly sale of Lahontan shares
- Uncertainty surrounding the sale of a significant block of Lahontan shares held by VGCX
TORONTO, ON / ACCESSWIRE / August 23, 2024 / Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) (the " Company " or " Lahontan ") reports that Ms. Kimberly Ann, Lahontan Founder, CEO, President, and Director, has been appointed Executive Chair by the Company's Board of Directors, effective immediately.
The Company would also like to provide an update on the status of the block of Lahontan common shares held by Victoria Gold Corp ("VGCX"). As announced by VGCX on August 15, 2024, the Ontario Superior Court of Justice ("the Court") granted an order ("the Order") appointing PricewaterhouseCoopers Inc. as the receiver and manager of VGCX, including, without limitation, all property, assets and undertakings in which VGCX has an interest. As a result, the VGCX share block cannot be sold without Court approval, which Management believes will permit an orderly sale of the Lahontan common shares held by VGCX. The Company is working diligently to assist in any potential sale process to ensure the best possible outcome for Lahontan shareholders.
On behalf of the Board of Directors
Kimberly Ann
Founder, CEO, President, and Director
FOR FURTHER INFORMATION, PLEASE CONTACT:
Lahontan Gold Corp.
Kimberly Ann
Founder, Executive Chair, Chief Executive Officer, and President
Phone: 1-530-414-4400
Email: Kimberly.ann@lahontangoldcorp.com
Website: www.lahontangoldcorp.com
Cautionary Note Regarding Forward-Looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com
SOURCE: Lahontan Gold Corp
View the original press release on accesswire.com
FAQ
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