Lexam Explorations Inc.

Lexam Explorations and VG Gold are pleased to announce that the Ontario Superior Court of Justice has approved the business combination between Lexam and VG Gold. The Court also approved the private placement by Rob McEwen, current Chairman and CEO of Lexam, for gross proceeds of $5 million. As previously announced, shareholders of Lexam and VG [...]

Lexam Explorations and VG Gold are pleased to announce that voting at their separate December 13, 2010 special meetings of shareholders resulted in over 99 percent approval by votes cast in favor of the proposed business combination between Lexam and VG Gold to form Lexam VG Gold Inc. Shareholders of both companies also voted in favour of the [...]

Lexam Explorations today reported financial results for the Third Quarter, 2010. The Company recorded a net profit of $779,924 ($0.02 per share) versus a net profit of $8,418,804 ($0.17 per share) for the respective period, 2009. During the Third Quarter Lexam announced its intention to amalgamate with VG Gold Corp., which is 42% owned by Lexam [...]

Lexam Explorations and VG Gold are pleased to announce they have entered into a definitive Arrangement Agreement pursuant to which Lexam and VG Gold will amalgamate to form a new company - Lexam VG Gold Inc. The transaction remains subject to court approval and approval by shareholders of Lexam and VG Gold. Under the transaction, Lexam shareholders [...]

- VG Gold and Lexam Explorations are pleased to announce that they have reached an agreement in principle to combine the two companies to create a well funded exploration company focused on the Timmins mining camp in Northern Ontario. The combination would be effected through a Plan of Arrangement under which common shareholders of VG Gold would [...]