MMY has Court Adjournment, no future date set Monument Announces Adjournment of Shah Alam High Court Trial Fixed for February 16, 2015 (cnw)
VANCOUVER, Feb. 13, 2015 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") announces it has been informed by the above Court that the full trial fixed at February 16, 2015 for SMSB VS Monument case has been adjourned. The reason given by the Court was that there was an older matter that had taken priority. No replacement date has been agreed by the court or the parties. As at the date of this news release the Company is uncertain when it will proceed.
The subject of the trial is to determine the outcome of a claim by Selinsing Mining Sdn. Bhd. to a 5% JV interest in the Selinsing gold mine. Monument claims the matter has no merit and denies any such JV interest and is defending the matter.
About Monument
Monument Mining Limited (TSX-V: MMY, FSE: D7Q) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia. Its experienced management team is committed to growth and is advancing several exploration and development projects including the Mengapur Polymetallic Project, in Pahang State of Malaysia, and the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra in the Murchison area of Western Australia. The Company employs over 300 people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities.
Robert F. Baldock, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6