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Bullboard - Stock Discussion Forum Azimut Exploration Inc V.AZM

Alternate Symbol(s):  AZMTF

Azimut Exploration Inc. is a Canada-based mineral exploration company. The Company holds the mineral exploration portfolio in Quebec. The Company’s projects include Elmer, JB Lithium, JB Nickel and Wabamisk. Its wholly owned flagship Elmer Gold Project is advancing to the initial resource stage in the James Bay region. The Elmer property is located in the central region of the La Grande... see more

TSXV:AZM - Post Discussion

Azimut Exploration Inc > What happened t0 discovery of the year ELMER????
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Post by pigsandsheep on Jun 01, 2023 1:33am

What happened t0 discovery of the year ELMER????

https://mdf-law.com/securities-fraud-complaint-filed-against-gatos-silver-gato/Summary of Securities Fraud Allegations against GATO

The complaint filed in this class action alleges that Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors:

  1. The technical report for Gatos’s primary mine, the Cerro Los Gatos deposit, contained certain errors;
  2. among other things, the mineral reserves had been overestimated by as much as 50%; and
  3. as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis
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