Bridgeport Ventures Announces New Securityholder Meeting Date
TORONTO, ONTARIO, Oct 10, 2012 (Menafn - MARKETWIRE via COMTEX) --BRIDGEPORT VENTURES INC. ("Bridgeport") announces thatit has rescheduled its annual and special meeting (the "Meeting") ofsecurityholders. The Meeting will now be held on November 22, 2012,to consider for approval, among other matters, a special resolution(the "Arrangement Resolution") authorizing an arrangement (the"Arrangement") whereby Bridgeport will acquire Premier Gold MinesLimited's wholly-owned subsidiary, Premier Royalty Corporation. TheMeeting was originally scheduled for October 12, 2012.
Further details of the Arrangement are disclosed in Bridgeport'sAugust 8, 2012 press release also available on SEDAR.
The Arrangement is subject to, among other things, approval of atleast two thirds of the votes cast by Bridgeport securityholders atthe Meeting, and other customary conditions, including courtapprovals and the receipt of all necessary regulatory and third partyapprovals, including the approval of the Toronto Stock Exchange. TheArrangement is expected to close as soon as possible after theMeeting.
The securities offered have not been registered under the U.S.Securities Act of 1933, as amended, or applicable state securitieslaws, and may not be offered or sold in the United States absentregistration or an exemption from such registration requirements.This press release shall not constitute an offer to sell or thesolicitation of an offer to buy nor shall there be any sale of thesecurities in any jurisdiction in which such offer, solicitation orsale would be unlawful.
About Bridgeport Ventures Inc.
Bridgeport Ventures Inc. is a Canadian mineral exploration companywith operations in the Americas. Its strong technical team withglobal experience has a solid record of discovery and a provenhistory of mining success. Additional information on Bridgeport canbe found at www.bridgeportventures.net.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This newsrelease includes certain information that may constitute"forward-looking information" under applicable Canadian securitieslegislation. Forward-looking information includes, but is not limitedto, completion of the Arrangement, consolidation of existingroyalties with other royalty assets and other statements aboutstrategic plans. Forward-looking information is necessarily basedupon a number of estimates and assumptions that, while consideredreasonable, are subject to known and unknown risks, uncertainties,and other factors which may cause the actual results and futureevents to differ materially from those expressed or implied by suchforward-looking information, including the risks identified inBridgeport's management's discussion and analysis. There can be noassurance that such information will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in such information. Accordingly, readers should notplace undue reliance on forward-looking information. Allforward-looking information contained in this press release is givenas of the date hereof and is based upon the opinions and estimates ofmanagement and information available to management as at the datehereof. Bridgeport disclaims any intention or obligation to update orrevise any forward-looking information, whether as a result of newinformation, future events or otherwise, except as required by law.
Bridgeport Ventures Inc.
Ms. Shastri Ramnath, P.Geo.
President and CEO
SOURCE: Bridgeport Ventures Inc.
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