Lakeland Resources Inc. Announces Listing on Frankfurt Stock Exchange
05.10.2011 | CNW
VANCOUVER, Oct. 5, 2011 /CNW/ - Lakeland Resources Inc. (TSXV: LK) (FSE: 6LL) (the "Company" or "Lakeland") is pleased to announce that its common shares are now listed and trading on the Frankfurt Stock Exchange under the symbol 6LL. Lakeland anticipates that the listing will provide the Company with increased visibility for its activities in the European capital markets.
Jonathan Armes, President of Lakeland stated, "We are excited by this new listing as we anticipate that it will increase the Company's visibility and enable greater shareholder participation from the European market. European investors currently have a strong focus on precious metals and a growing appreciation for quality exploration stage companies."
The ISIN number for Lakeland is CA51186W1086 and the German Security Code is A1JLHR.
About Lakeland Resources Inc.
Lakeland Resources Inc. is a publicly-traded mineral exploration company focused on the discovery of new gold deposits with a 100% focus on Canadian assets principally in Ontario. Lakeland aims to create value through the drill bit and build a successful mineral exploration company by combining technical knowledge, a motivated management team and board, strong and clear messaging and supportive investors.
The management team of Lakeland has extensive experience in Canadian gold exploration having been involved in Band-Ore Resources Ltd. (sold to Sydney Resource Corp. in 2006) as well as more recently West Timmins Mining Inc. West Timmins Mining Inc. was acquired, in a deal valued at C$424 million, by Lake Shore Gold Inc. in 2009 following the discovery of the high-grade Thunder Creek Deposit in Timmins, Ontario.
Lakeland has 19,472,878 shares outstanding. The Company's common shares trade on the TSX Venture Exchange under the symbol "LK" and on the Frankfurt Stock Exchange under the symbol "6LL."
For more information, please visit the corporate website at www.lakelandresources.com
On Behalf of the Board of Directors LAKELAND RESOURCES INC.
"Jonathan Armes"
Neither 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.
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include that Lakeland anticipates that the Frankfurt listing will provide the company with increased visibility for its activities in the European capital markets and enable greater shareholder participation.
It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Factors that could cause actual results to differ materially may include misinterpretation of data; that we may not be able to get equipment or labour as we need it; that we may not be able to raise sufficient funds to complete our intended exploration and development; that our applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; that results which we or others have found in any particular location are not necessarily indicative of larger areas of our properties; that we may not complete environmental programs in a timely manner or at all; that market prices may not justify commercial production costs; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company's Management Discussion & Analysis of its audited financial statements filed with the British Columbia Securities Commission.
For further information:
Lakeland Resources Inc.
Jonathan Armes, President, CEO and Director
Cell: 416.708.0243
Ph: 604.681.1568
TF: 1.877.377.6222
Email: jarmes@lakelandresources.com
Web: www.lakelandresources.com
Jonathan Armes, President of Lakeland stated, "We are excited by this new listing as we anticipate that it will increase the Company's visibility and enable greater shareholder participation from the European market. European investors currently have a strong focus on precious metals and a growing appreciation for quality exploration stage companies."
The ISIN number for Lakeland is CA51186W1086 and the German Security Code is A1JLHR.
About Lakeland Resources Inc.
Lakeland Resources Inc. is a publicly-traded mineral exploration company focused on the discovery of new gold deposits with a 100% focus on Canadian assets principally in Ontario. Lakeland aims to create value through the drill bit and build a successful mineral exploration company by combining technical knowledge, a motivated management team and board, strong and clear messaging and supportive investors.
The management team of Lakeland has extensive experience in Canadian gold exploration having been involved in Band-Ore Resources Ltd. (sold to Sydney Resource Corp. in 2006) as well as more recently West Timmins Mining Inc. West Timmins Mining Inc. was acquired, in a deal valued at C$424 million, by Lake Shore Gold Inc. in 2009 following the discovery of the high-grade Thunder Creek Deposit in Timmins, Ontario.
Lakeland has 19,472,878 shares outstanding. The Company's common shares trade on the TSX Venture Exchange under the symbol "LK" and on the Frankfurt Stock Exchange under the symbol "6LL."
For more information, please visit the corporate website at www.lakelandresources.com
On Behalf of the Board of Directors LAKELAND RESOURCES INC.
"Jonathan Armes"
Neither 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.
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include that Lakeland anticipates that the Frankfurt listing will provide the company with increased visibility for its activities in the European capital markets and enable greater shareholder participation.
It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Factors that could cause actual results to differ materially may include misinterpretation of data; that we may not be able to get equipment or labour as we need it; that we may not be able to raise sufficient funds to complete our intended exploration and development; that our applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; that results which we or others have found in any particular location are not necessarily indicative of larger areas of our properties; that we may not complete environmental programs in a timely manner or at all; that market prices may not justify commercial production costs; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company's Management Discussion & Analysis of its audited financial statements filed with the British Columbia Securities Commission.
For further information:
Lakeland Resources Inc.
Jonathan Armes, President, CEO and Director
Cell: 416.708.0243
Ph: 604.681.1568
TF: 1.877.377.6222
Email: jarmes@lakelandresources.com
Web: www.lakelandresources.com