LONGUEUIL, QUEBEC--(Marketwire - Aug. 27, 2009) - Bear Lake Gold Ltd. ("Bear Lake") (TSX VENTURE:BLG) announces that it has been made aware that a proposed class action was commenced in the Ontario Superior Court on August 25, 2009 by Gary Henault, alleging that Bear Lake and others made certain misrepresentations during the period July 18, 2006 to July 28, 2009 regarding Bear Lake's Larder Lake project. The plaintiff will need to seek leave or permission of the court to bring the class action under Secondary Market Disclosure provisions of the Securities Act. Bear Lake intends to vigorously defend itself and its assets.
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SISKINDS LLP ANNOUNCES CLASS ACTION AGAINST BEAR LAKE GOLD LTD.
The law firm of Siskinds LLP has commenced a proposed class action against Bear Lake Gold Ltd. and certain of its officers and directors.
The class action seeks damages for investors as a result of the recent disclosure that Bear Lake Gold had become aware of serious material inconsistencies in its exploration data relating to its flagship Larder Lake gold mining project.
Any investors who purchased securities of Bear Lake Gold from July 18, 2006, to July 28, 2009, are encouraged to contact Scott Selig of Siskinds at 800-461-6166 ext. 7824, or at scott.selig@siskinds.com, for further information.
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