Brief: Rusoro Mining Wins Key U.S. Court Ruling Confirming Arbitration Award

Rusoro Mining

14/03/2018 13:24

March 14 (Reuters) - Mena Resources Inc  RML.V :
    * RUSORO MINING - ON MARCH 1, U.S. COURT RULED IN CO'S
FAVOUR &
REJECTED ALL OF VENEZUELA'S DEFENSES AS PER AUG 16, 2017
ARBITRATION TRIBUNAL FINDINGS
    * ‍RUSORO MINING - WILL PURSUE ENFORCEMENT AGAINST VENEZUELA
IN
ANY OTHER COUNTRY WHERE IT MAINTAINS ASSETS UNTIL AWARD HAS BEEN
SATISFIED IN FULL​
    * RUSORO MINING - U.S. COURT ALSO HELD THAT THE EXCESS OF
$1.3
BILLION AWARD TO BE PAID BY VENEZUELA AS COMPENSATION TO CO WAS
VALID & ENFORCEABLE IN U.S.

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