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Lincoln Gold Corp.
Lincoln Gold shareholders approve Shareholder Rights Plan
July 27th, 2008
LINCOLN GOLD CORPORATION (OTCBB:LGCP) announces that the Shareholder Rights Plan Agreement (the "Rights Plan") which was adopted by the Company's board of directors and announced on May 28, 2008, was ratified and approved by the Company's shareholders at the Company's annual general meeting held on June 26, 2008. The Rights Plan was 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...
Source: Pharma Investments, Ventures & Law Weekly (2008-07-27)
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