Brief: Eco Oro files request for arbitration against Colombia

Eco Oro Minerals

09/12/2016 14:01

Dec 9 (Reuters) - Eco Oro Minerals Corp  EOM.TO : 
    * Eco Oro files request for arbitration against Colombia 
    * Eco Oro - claim relates to co's dispute with Colombia 
related to "arbitrary, inconsistent and disproportionate state 
measures that have destroyed value of its investments" 
    * Says amount of such losses will be determined at a later 
stage in arbitration 
    * Eco Oro Minerals says filed a request for arbitration with 
World Bank's international centre for settlement of investment 
disputes against Colombia 
    * Says it is asserting its entitlement to recover losses to 
its investment resulting from Colombia's breaches 
 
Source text for Eikon:  ID:nMKWjHxqYa  
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