Brief: Rusoro Mining Obtains Judgment In Canada Against The Republic Of Venezuela

Rusoro Mining

06/12/2017 22:02

Dec 6 (Reuters) - Mena Resources Inc  RML.V : 
    * RUSORO MINING OBTAINS JUDGMENT IN CANADA AGAINST THE 
REPUBLIC OF 
VENEZUELA AND SEEKS RECOGNITION IN THE STATE OF NEW YORK 
    * RUSORO MINING LTD SAYS OBTAINED A JUDGMENT AGAINST 
REPUBLIC OF 
VENEZUELA IN SUPERIOR COURT OF JUSTICE IN ONTARIO, CANADA, IN 
EXCESS OF $1.3 BILLION 
    * RUSORO MINING - JUDGMENT ARISES OUT OF RUSORO'S ONGOING 
DISPUTE 
WITH VENEZUELA OVER SEIZURE OF ITS GOLD MINING PROPERTIES IN 
COUNTRY 
    * RUSORO MINING SAYS VENEZUELA HAS NOT APPEALED OR SOUGHT TO 
VACATE JUDGMENT, AND ITS TIME TO DO SO HAS EXPIRED 
    * RUSORO SAYS HAS FILED SUIT IN SUPREME COURT OF STATE OF 
NEW YORK 
(NEW YORK COUNTY) SEEKING RECOGNITION OF CANADIAN JUDGMENT 
    * RUSORO MINING SAYS ANY JUDGMENT ISSUED IN NEW YORK WILL 
ALSO 
ACCRUE INTEREST AT 9% PER ANNUM UNTIL JUDGMENT IS FULLY PAID 
 
Source text for Eikon:  ID:nCNWJTtrha  
Further company coverage:  RML.V  
 
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