WINDSOR, ON, July 10, 2013 /CNW/ - Aproposed class action has been commenced in the Ontario Superior Court of Justice against Aurcana Corporation (TSXV: AUN). The plaintiff has retained Sutts, Strosberg LLP, a law firm that represents investors in securities class actions, to prosecute the action.
The proposed class action concerns the circumstances surrounding Aurcana Corporation's April 12, 2013announcement that its Shafter Mine had not reached its initial production target of 600 tons per day on a continuous basis. Since the announcement, the company's share price has declined significantly.
Shareholders may visit the website www.aurcanaclassaction.com to learn more about the proposed class action. Shareholders who wish to discuss the matter should contact Jay Strosberg at 519.561.6296 or by email atjay@strosbergco.com.
Sutts, Strosberg LLP is a leading class action law firm that has recovered over $1.5 billion for its clients.
SOURCE: Sutts, Strosberg LLP Barristers & Solicitors
For further information:
Jay Strosberg
Sutts, Strosberg LLP
251 Goyeau Street, Suite 600
Windsor, ON N9A 6V4
Tel: 519.561.6296
Email: jay@strosbergco.com