Brief: Nex Metals Explorations Says It Will Defend Claims Made By Metalicity
June 14 (Reuters) - Nex Metals Explorations Ltd NME.AX :
* NOTES METALICITY ANNOUNCEMENT THAT IT COMMENCED
PROCEEDINGS
AGAINST CO
* DISPUTES CLAIMS BY METALICITY
* WILL DEFEND CLAIM BY MCT AND HAS INSTRUCTED ITS LEGAL
COUNSEL
ACCORDINGLY
* WILL NOW PURSUE CLAIMS AGAINST MCT ARISING FROM PROVISIONS
OF
JVA
Source text for Eikon: ID:nASX6dZQ5
Further company coverage: NME.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Arika Resources
See all newsBrief: Arika Resources Announces A$6.55M Capital Raising
Brief: Lion Selection Group To Invest A$2 Million In Arika Resources
Brief: Arika Resources Requests Trading Halt
Brief: Nex Metals Explorations Divests Arika Joint Venture Interest
Australia's Arika Resources hits one-month high on fundraise plan for flagship projects