TORONTO,
May 23, 2013 /CNW/ - Longford Energy
Inc. (NEX - LFD.H) ("Longford") and Earth Video Camera Inc.
("UrtheCast") are pleased to announce that the Toronto Stock
Exchange ("TSX") has conditionally approved listing of Longford's
common shares under the ticker symbol "UR" upon completion of the
previously announced plan of arrangement involving Longford and
UrtheCast (the "Arrangement"). Listing is subject to Longford
meeting the initial listing requirements of the TSX and meeting all
conditions imposed by the TSX.
A joint information circular (the "Circular")
with respect to the Arrangement has been filed with Canadian
securities regulators and mailed to Longford and UrtheCast
shareholders. The Circular is also available for review on
the SEDAR website (www.sedar.com).
Forward-Looking Statements
This release contains certain "forward looking
statements" and certain "forward-looking information" as defined
under applicable Canadian securities laws. Forward-looking
statements and information can generally be identified by the use
of forward-looking terminology such as "may", "will", "expect",
"intend", "estimate", "anticipate", "believe", "continue", "plans"
or similar terminology. Forward-looking statements and information
include, but are not limited to, statements with respect to the
listing of Longford's common shares on the TSX. Forward-looking
statements and information are subject to various known and unknown
risks and uncertainties, many of which are beyond the ability of
Longford to control or predict, that may cause Longford's actual
results, performance or achievements to be materially different
from those expressed or implied thereby, and are developed based on
assumptions about such risks, uncertainties and other factors set
out here in, including but not limited to: the risk that the
Arrangement will not be approved by the applicable stock exchange,
the court or the shareholders of Longford and/or UrtheCast, as
applicable; risks and uncertainties related to the arrangement not
being completed in the event that the conditions precedent thereto
are not satisfied and other related risks and uncertainties.
Longford undertakes no obligation to update forward-looking
information except as required by applicable law. Such
forward-looking information represents management's best judgment
based on information currently available. No forward-looking
statement can be guaranteed and actual future results may vary
materially. Accordingly, readers are advised not to place undue
reliance on forward-looking statements or information.
Neither the 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.
SOURCE Longford Energy Inc.