RE:Trading Resumption Was Just Announced Now we release why NG took the legal route in June 2020. no doubt that has laso hit a brick wall. Just take the mine from sanctioned Mordashov and compensate OREA - nice dream.
GLTA - https://twitter.com/EarthsRare
VANCOUVER, BC, May 10, 2022 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQX: OREAF) (FSE: 3CG) reports that it was informed that the Supreme Court of France (Conseil d'Etat) has admitted the final appeal of the French Government on the renewal of the Montagne d'Or project mining titles, located in French Guiana, France, owned 44.99% by Orea and 55.01% by Nord Gold plc (the "JV").
As announced on October 7, 2021, the French Government filed a request before the Supreme Court to hear a final appeal on the renewal of the Montagne d'Or project mining titles, which are renewable for a term of up to 25 years. Two French courts previously ruled in favor of the JV and ordered the renewal of the mining titles.
Additional updates will be provided by Orea when available.