Brief: Atico Mining Says Unit Received Notice Of Claim From Administrative Tribunal Of Cundinamarca

Atico Mining

26/04/2018 21:51

April 26 (Reuters) - Atico Mining Corp  ATY.V :
    * ATICO MINING -  UNIT RECEIVED NOTICE OF CLAIM FROM
ADMINISTRATIVE TRIBUNAL OF CUNDINAMARCA RELATED TO PAYMENT OF
ROYALTIES ON PAST COPPER PRODUCTION
    * ATICO MINING CORP -  CLAIM THAT COMPANY HAS NOW RECEIVED
FROM
TRIBUNAL IN COLOMBIA IS IN AMOUNT OF APPROXIMATELY US$5 MILLION
PLUS INTEREST AND FEES
    * ATICO MINING CORP -  HAS BEEN ADVISED BY ITS COLOMBIAN
LEGAL
COUNSEL THAT SUCH CLAIMS MAY TAKE UP TO 10 YEARS TO REACH A
RESOLUTION

Source text for Eikon:  ID:nGNXbHsmd2 
Further company coverage:  ATY.V 

 (Reuters.Briefs@thomsonreuters.com)