Mclaren Resources Inc. Announces Temporary General Cease Trade Order
Toronto, Ontario CANADA, February 11, 2009 /FSC/ - McLaren Resources Inc. (MCL - CNQ, 3ML - FWB), (MCL ? CNSX)(the "Company") reports that the Ontario Securities Commission has issued a temporary general Cease Trade Order against McLaren for failure to file its audited financial statements and related Management Discussion and Analysis for the year ended September 30, 2008 as required by January 28, 2009. The failure to file occurred as a result of a disagreement among the Company's directors as to certain note disclosures, including disclosure relating to the September 2007 sale by McLaren of its former interest in a coal bed methane project in Indonesia. The completion of the Company's audit has been delayed pending final resolution of this matter.
McLaren will promptly file its financial statements and related Management Discussion and Analysis upon resolution of this issue.
For further information, please contact Mr. Greg Liddy, President of McLaren, at 416-203-6784 x301 or Mr. John Holko, Director of McLaren, at 416-904-3181. Additional information about McLaren can be found at the Company's website at www.mclarenresources.com.
The Canadian National Stock Exchange has neither approved nor disapproved of the contents of this press release.
McLaren Resources Inc.(MCL - CNSX) www.mclarenresources.com
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