$CRGC - $PGLC - Pershing Gold Corporation and Continental Resources Corporation Jointly Announce Continental's Record Date for Dissolution and Liquidation
LAKEWOOD, Colo., Feb. 21, 2013 (GLOBE NEWSWIRE) -- Pershing Gold Corporation (OTCQB:PGLC) ("Pershing") and Continental Resources Corporation (OTCBB:CRGC) ("Continental") today jointly announced that Continental has set March 1, 2013 as the record date for Continental's dissolution and intends to commence its liquidation shortly thereafter, including the distribution of Pershing common stock to Continental shareholders, subject to approval by FINRA. In connection with these actions, Continental also intends to discontinue reporting with the SEC prior to the due date for its 2012 Annual Report on Form 10-K. Continental's shareholders approved the dissolution in 2011, subject to the effectiveness of Pershing's registration statement which was declared effective on February 12, 2013.
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