Brief: Red River Resources Updates On Legal Proceedings Against Cromarty Resources And Red River
07/06/2021 02:28
June 7 (Reuters) - Red River Resources Ltd RVR.AX :
* UPDATES ON LEGAL PROCEEDINGS AGAINST CROMARTY RESOURCES
AND RED
RIVER RELATING TO PAYMENT OF ROYALTIES
* THALANGA COPPER MINES COMMENCED PROCEEDINGS IN 2019
* RED RIVER RECEIVED JUDGEMENT AND INITIAL ESTIMATED RANGE
IS
ABOUT $15 TO $20 MILLION IN TOTAL FOR UNPAID & FUTURE ROYALTIES
* RED RIVER IS REVIEWING JUDGEMENT WITH ITS LAWYERS TO
ASSESS ITS
OPTIONS AND RESERVES ITS RIGHTS
Source text for Eikon: ID:nASX6k03Cy
Further company coverage: RVR.AX
Recent news on Red River Resources
See all newsBrief: Red River Resources Posts Qtrly Unaudited Consolidated EBITDA Loss Of A$9.5 Mln
Australia's Metarock falls to lowest in 6 years as Thalanga mine shrinks ops
Brief: Metarock Group Updates On Thalanga Mining Contract
Brief: Red River Resources Seeks Trading Halt
Brief: Red River Resources Decides To Place Hillgrove Operation On Maintenance