Business
Champlain Cancels Previously Announced Financing
Jun. 29, 2011 (Filing Services Canada) -- Champlain Resources Inc. (CPL - TSX Venture), ("Champ...
About this update from Copper Lake Resources Ltd.
[{"type":"text","content":"\nChamplain Cancels Previously Announced Financing\n\n Jun. 29, 2011 (Filing Services Canada) -- Champlain Resources Inc. (CPL - TSX Venture), (\"Champlain\" or the \"Corporation\"), due to adverse market conditions, the previously announced financing is immediately canceled. All subscription agreements and funds received will be returned immediately.For further information contact:Mr. Troy Mochoruk                                  Chairman and CEO: #1614, 246 Stewart Green SWCalgary, AB T3H 3C8                                         Tel: (403) 618-8989    [email protected]                                Cautionary Statement Regarding Forward Looking InformationThis press release may contain forward-looking statements which may include plans, expectations, opinions, forecasts, projections or other statements that are not statements of fact, in particular comments relating to actively exploring the Laird Lake area and moving the Laird Lake program to a drill ready stage during 2011.  Although the Corporation believes that the expectations reflected in such forward-looking statements are reasonable, it cannot give any assurance that such expectations will prove to be correct.Achieving the expected timelines and expectations, may be affected by a variety of variables and risks associated with the capital markets and the mining and mineral processing industry, the ability of the Corporation to obtain sufficient financing to complete the program, as well as risks and variables associated in general with the Corporation's industry. As such the future plans and objectives of the Corporation are forward-looking statements that involve risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in such st...