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Guide Exploration, WestFire Energy Finalize Merger

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October 24, 2012

Long Run Exploration Ltd. (Toronto Exchange: GO) announced the successful completion of the previously announced business combination of Guide Exploration Ltd. and WestFire Energy Ltd. pursuant to a plan of arrangement.

As a result of the arrangement, previous shareholders of Guide are entitled to receive 0.4167 common shares of Long Run for each outstanding common share of Guide previously held. Common shares of WestFire will continue to represent common shares of Long Run on a one-for-one basis. After giving effect to the arrangement, Long Run has approximately 110 million voting ...

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