Luiri Gold Limited
TSX VENTURE : LGL
ASX : LGM

Luiri Gold Limited

February 01, 2011 04:09 ET

Luiri Gold-Update Regarding Shareholder Rights Plan

TORONTO, ONTARIO--(Marketwire - Feb. 1, 2011) - Luiri Gold Limited (TSX VENTURE:LGL)(ASX:LGM) ("Luiri" or the "Company"). The Company wishes to provide an update to shareholders regarding the status of the Shareholders Rights Plan (the "Plan") announced on 20 December 2010. 

As previously announced, the Plan is subject to the acceptance and requirements of the regulatory authorities, including the Australian Securities Exchange and TSX Venture Exchange. The TSX Venture Exchange has not yet accepted notice of the Plan for filing and, according to the terms of the Plan, it has not yet become effective. No rights have been issued to shareholders under the Plan.

The Board is currently liaising with the Australian Securities Exchange and TSX Venture Exchange and will provide a further update to shareholders once this is finalised.

ON BEHALF OF THE BOARD OF DIRECTORS OF LUIRI GOLD LIMITED

Michael Sperinck, President, Managing Director and CEO

This press release contains forward-looking information which involves risks and uncertainties. Forward looking information represents management's current views and these may change significantly as new information comes to hand.

NEITHER THE TSX VENTURE EXCHANGE NOR THE ASX HAS REVIEWED THIS RELEASE AND NEITHER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Luiri Gold Limited
    Michael Sperinck
    President
    +61 401 694 322
    or
    Luiri Gold's North American Investor Relations
    First Canadian Capital Corp.
    Daniel Boase
    +1 416 742 5600 or Toll Free: 1 866 580 8891
    request@firstcanadiancapital.com