Brief: Athabasca Minerals receives positive decision in court proceedings relating to Susan Lake aggregate operation

Athabasca Minerals

25/01/2017 12:02

Jan 25 (Reuters) - Athabasca Minerals Inc  ABM.V :  
    * Athabasca Minerals Inc - received a positive decision in 
court proceedings relating to Susan Lake aggregate operation 
    * Athabasca Minerals - on Jan. 24, court released a decision 
denying an application brought by Syncrude for an injunction on 
activities at Susan Lake 
    * Athabasca Minerals Inc - Athabasca will continue to manage 
Susan Lake on a business as usual basis 
    * Athabasca Minerals Inc - retains right to seek costs 
incurred in defending Syncrude injunction application 
    * Athabasca Minerals - in addition to denying all 
allegations in corp's statement of claim, Syncrude has brought 
counterclaim against corp 
    * Athabasca Minerals - Syncrude is seeking damages in excess 
of $68 million against corporation 
 
Source text for Eikon:  ID:nMKWj9v5Va  
Further company coverage:  ABM.V  
 
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