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Lincoln Gold Corp.
Lincoln announces adoption of Shareholder Rights Plan
June 15th, 2008
LINCOLN GOLD CORP. ("Lincoln Gold") announces that its Board of Directors has approved the adoption of a Shareholder Rights Plan Agreement (the "Rights Plan"). The Rights Plan is being adopted to ensure the fair treatment of all Lincoln Gold shareholders in connection with any take-over bid for the outstanding common shares of the Company. The objective of the Rights Plan is to provide shareholders with adequate time to properly evaluate and assess a take-over bid without facing undue pressure or coercion. The Rights Plan also provides the Board with additional time to consider any take-over bid and, if applicable, to explore alternative transactions in order to maximize shareholder...
Source: Pharma Investments, Ventures & Law Weekly (2008-06-15)
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