Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Orea Mining Corp OREAF

Orea Mining Corp. is a Canada-based gold exploration and development company. The Company’s principal business activities are the acquisition, exploration and development of resource properties. In French Guiana, Orea holds a major interest in the world-class Montagne d’Or mine development project. The Montagne d’Or project is situated in western French Guiana and is comprised of over two... see more

GREY:OREAF - Post Discussion

Orea Mining Corp > New Appeal
View:
Post by tigris72poo on Oct 07, 2021 6:05pm

New Appeal



Orea Provides Update on Appeal Status of
Montagne d'Or Gold Deposit Mining Titles

Vancouver, BC, Canada, October 7, 2021, Orea Mining Corp. (“Orea”) (OREA: TSX) (OREAF: OTCQX) (3CG: FSE) reports that it has received confirmation today, that the French government has filed a final appeal to the French Supreme Court (Conseil d’Etat) on the renewal of the Montagne d’Or Gold Deposit mining titles, located in French Guiana, France, owned 44.99% by Orea and 55.01% by Nord Gold plc (the “JV”).
As announced on July 22, 2021, the Court of Appeal of Bordeaux rejected the French Government’s appeal and its request for a stay of execution of the initial court rulings of December 24, 2020, which were in favour of the JV, ordering the renewal of the mining titles. In its ruling, the Court of Appeal concluded that the arguments put forth by the French Government were without merit and that the JV submitted complete applications and met all requirements for the renewal of the mining titles. The French Government had until September 17, 2021 to file a second and final appeal to the French Supreme Court (Conseil d’Etat).
The Supreme Court will conduct an analysis on whether to admit or reject to hear the appeal. To be admissible, the appeal must be based on reasonable arguments and exceptional grounds. If the appeal is considered admissible, the Supreme Court will only assess whether the initial court rulings were sufficiently substantiated and if the procedural rules have been duly followed without error; therefore, it is not possible for the French Government to present new or additional arguments. In principle, an appeal before the Supreme Court has no suspensive effect, therefore the initial court rulings should in theory, be upheld and implemented, even if a final appeal is made.
Additional updates will be provided by Orea when available.
About Orea Mining Corp.
Orea is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America. Its mission is to develop gold deposits with a reduced environmental footprint using innovative technologies, upholding the highest international standards for responsible mining. In French Guiana, Orea holds a major interest in the world-class Montagne d’Or mine development project and is also advancing the Maripa gold exploration project.
For more about Orea visit the company’s website at www.oreamining.com
ON BEHALF OF THE BOARD:
Rock Lefranois
President & CEO
For more information contact:
Investor Relations
(604) 634-0970 or
1 888-818-1364
ir@oreamining.com
Forward-looking statements
Certain statements made herein, including statements relating to matters that are not historical facts and statements of the Company’s beliefs, intentions and expectations about 
Comment by 123buyholdhope on Oct 07, 2021 7:52pm
First, to my trader colleagues who were here recently asking me why I would suggest a legal outcome would only be known by maybe the end of Sept., when, in fact, there was a specific date given to the original court decision – Sept 17th 2021; well, here is your answer. When a court makes a decision and twhen you, Joe Bloggs public/company are informed are two very different dates. This release I ...more  
Comment by Radnaksi on Oct 08, 2021 3:39am
Letter dd 21 Sep 2021 from Macron's Chief of Staff has was circulating online already. The letter reads that appeal was filed with supreme court, but overall has a positive sublime content in relation to the approval of the project. https://reporterre.net/IMG/jpg/courrier_re_ponse_elyse_e_v_1.jpg
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities