Toronto Stock Exchange and TSX Venture Exchange Host Third Annual Charity Golf Tournament
July 15, 2014 (VANCOUVER) – Today, Toronto Stock Exchange and TSX Venture Exchange will host the third annual TMX Charity Golf Classic at the University Golf Club in Vancouver, B.C. The tournament has raised nearly $200,000 for the benefitting charities over the past two years.
“Now in its third year, we are pleased to once again be hosting the TMX Charity Golf Classic,” said John McCoach, President, TSX Venture Exchange. “It’s a great event that brings together friends and clients of TMX Group to participate in a fun day of golf and activities, while supporting worthwhile causes in our community and beyond.”
The proceeds raised from the event will benefit three charities: the Canadian National Institute for the Blind (CNIB), Learning Disabilities Association of Vancouver and Room to Read.
About TMX Group (TSX:X)
TMX Group’s key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
For more information please contact:
Catherine Kee
Manager, Corporate Communications
TMX Group
416-814-8834
catherine.kee@tmx.com
- Published in Business
Lakeland Resources property agreement amended
The TSX Venture Exchange has accepted for filing an amendment to a property acquisition agreement dated March 25, 2012, between Lakeland Resources Inc., and Mike Tremblay and Mathieu Tremblay, whereby in lieu of the final payment of $15,000, the company will issue 100,000 common shares.
- Published in Mining
Canadian stock market plunges over telecom selloff
TORONTO, July 7 (Xinhua) — Canada’s main stock market Monday tumbled over telecom shares selloff, after the federal government announced that it plans to offer more market access for new wireless entrants.
Toronto Stock Exchange’s benchmark S&P/TSX Composite Index lost 42.03 points, or 0.28 percent to 15,172.93 points, as the losses in telecom and energy sectors overpowered the gains driven by the mining sectors.
The mining sector rose 1.61 percent after First Quantum Minerals Ltd. surged 3.63 percent to 25.95 Canadian dollars (about 24.30 U.S. dollars) and the Info-tech sector gained 0.80 percent with Canada’s smartphone BlackBerry jumping 5.63 percent to 12.01 Canadian dollars. However, the market was weighed when telecom closed down 0.99 percent, leading the losers after Canada’s Industry Minister James Moore announced on Monday that the government is to release more valuable spectrum to strengthen competition in Canada’s wireless industry, and the government will again tailor the next auction of the AWS-3 wireless spectrum, which is ideal for delivering fast, reliable service to Canadians on the latest smartphones, tablets and mobile devices.
The shares of major communication giants lost ground over the announcement. Rogers Communications Inc. declined 1.53 percent to 42.36 Canadian dollars, Telus dived 1.63 percent to 39.28 Canadian dollars, and Manitoba Telecom Services Inc. was also down 0.32 percent to 30.80 Canadian dollars.
The energy sector decreased 0.92 percent as the global crude oil price went down. Encana Corp. vapored 2.5 percent to 23.8 Canadian dollars and Surge Energy Inc. dived 2.92 percent to 7.64 Canadian dollars per share.
Another loser, Industrials, fell 0.76 percent with Air Canada down 1.99 percent to 9.85 Canadian dollars.
The real estate stock Canadian Apartment Properties increased 1. 06 percent to 22.90 Canadian dollars apiece as Statistics Canada Monday released the data showing that Canada’s municipalities issued building permits worth 6.9 billion Canadian dollars in May, up 13.8 percent from April.
On the currency front, the Canadian dollar Monday closed lower to 0.9366 U.S. dollar from 0.9384 U.S. dollar on last Friday.
- Published in Blog
Lakeland Expands Northern Basin Project Portfolio
VANCOUVER, June 25, 2014 /CNW/ – Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (OTCQX: LRESF) (the “Company” or “Lakeland”) is pleased to announce that it has entered into an option agreement to acquire a 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest, subject to TSX Venture Exchange (“Exchange”) acceptance, in the Fond du Lac Property (the “Property”), located in the northern Athabasca Basin region, Saskatchewan. The Property consists of one mineral claim, and is 2,827 hectares in size.
VANCOUVER, June 25, 2014 /CNW/ – Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (OTCQX: LRESF) (the “Company” or “Lakeland”) is pleased to announce that it has entered into an option agreement to acquire a 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest, subject to TSX Venture Exchange (“Exchange”) acceptance, in the Fond du Lac Property (the “Property”), located in the northern Athabasca Basin region, Saskatchewan. The Property consists of one mineral claim, and is 2,827 hectares in size.
The property is situated at the margin of the Athabasca Basin where the depth to the unconformity is relatively shallow. The historic and recent exploration has identified the presence of an optimal geological setting for the formation of unconformity-style mineralization.
Historic exploration was conducted in the 1976 to 1984 era by a Saskatchewan Mining and Development Corporation (SMDC) and Urangesellschaft Canada Ltd. Exploration consisted of regional airborne and geochemical surveys, followed by detailed ground EM, magnetic and gravity surveys and drilling of one hole in 1984.
Recent exploration by the property vendor, Anthem Resources, and its predecessors and Joint Venture partners (Denison) has confirmed the presence of a conductive target with a regional airborne GeoTEM survey. Regional and detailed geochemical surveying has confirmed the presence of uranium and pathfinder element geochemical anomalies on the Property that are roughly coincident with the conductive target.
Lakeland is in the process of designing a summer exploration program on the property in order to take advantage of the positive exploration results on this relatively un-tested property.
About the Transaction
Lakeland has the right to earn a 100{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} interest in the Property by issuing 200,000 common shares to the Vendor on the closing date of the transaction. The purchase agreement is subject to Exchange acceptance.The Vendor will retain a 1.5{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} NSR.
NI 43-101 Disclosure
The technical information above has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Neil McCallum, P.Geo., a qualified person, of Dahrouge Geological Consulting Ltd. and a Director of Lakeland.
The Company would also like to announce that on May 30, 2014 the Company’s common shares commenced trading today on the OTCQX in the United States under the ticker symbol “LRESF.”
“We are pleased to be able to provide our current and potential U.S. investors an improved platform to access our company’s securities,” stated Jonathan Armes, President of Lakeland. The OTCQX is a highly visible trading platform that has emerged as the world’s leading, premier cross-listing venture for international issuers that wish to benefit from U.S. trading and investor demand without diluting their current shareholder base.
Investors can find current financial disclosure and real-time level two quotes for the company’s OTCQX listing onwww.otcmarkets.com. Burns, Figa and Will P.C. serves as Lakeland’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements.
About Lakeland Resources Inc.
Lakeland Resources Inc. is a pure play uranium exploration company focused on the Athabasca Basin inSaskatchewan, Canada, home to some of the world’s largest and richest high-grade uranium deposits. The Company’s common shares trade on the TSX Venture Exchange under the symbol “LK”, on the OTCQX under the symbol “LRESF” and on the Frankfurt Stock Exchange under the symbol “6LL”.
On Behalf of the Board of Directors
LAKELAND RESOURCES INC.
“Jonathan Armes”
Jonathan Armes
President, CEO and Director
Cell: 416.708.0243
Ph: 604.681.1568
TF: 1.877.377.6222
Email: jarmes@lakelandresources.com
Web: http://www.lakelandresources.com
- Published in Mining