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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canada-based precious metals exploration and mining development company. The Company was focused on advancing its principal asset, the Angostura Underground project. Its Angostura project is located in northeastern Colombia. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim has now become the core focus of the Company.


CSE:EOM - Post by User

Comment by sailor8on May 01, 2024 6:25pm
118 Views
Post# 36018370

RE:RE:Anything under 1 billion USD would be a big win for Colombia

RE:RE:Anything under 1 billion USD would be a big win for Colombia"...The Company is seeking US$696 million plus interest at a rate of 6.6 percent per annum, compounded semi-annually, as compensation for damages the Company sustained as a result of Colombia’s measures. The Company has not recorded any amount in the financial statements as a contingent gain due to the ultimate uncertainty of the outcome."

Source: https://sedar-filings-backup.thecse.com/00003568/2404300437261241.pdf

It is from the "Consolidated Financial Statements Years Ended December 31, 2023 and 2022" - freshly  published just some days ago.

A lot to read about the history of our company. And a lot to read about the CVR's etc. !

Who has enough time and powers may dive into the big volume text. The parts about the CVR's and other rights may contain the keys for a distribution of a potential reward...
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