Brief: Cassius Mining Says Unit Formally Commenced International Arbitration Against Govt Of Republic Of Ghana
07/02/2023 06:20
Feb 7 (Reuters) - Cassius Mining Ltd CMD.AX :
* GHANIAN UNIT FORMALLY COMMENCED INTERNATIONAL ARBITRATION
AGAINST GOVERNMENT OF REPUBLIC OF GHANA
* CLAIMING DAMAGES IN EXCESS OF $275 MILLION AS CONSEQUENCE
OF
GHANA'S BREACHES OF LARGE-SCALE PROSPECTING LICENCE AGREEMENT
* PROPOSED THAT PERMANENT COURT OF ARBITRATION AT HAGUE
SERVE AS
CASE ADMINISTRATOR AND APPOINTING AUTHORITY
Source text for Eikon: ID:nASX1cJzqN
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