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GOLDBROOK VENTURES INC V.GBK



TSXV:GBK - Post by User

Post by North_of_60on May 09, 2010 10:12am
532 Views
Post# 17078502

Sheppard Arbitration

Sheppard Arbitration

Awaiting the courts decision that will pull thebreaks off the Nunavik Nickel Mine construction:


Key developments forNEARCTIC NICKEL MINES INC(NNMIF)

Nearctic Nickel Mines Inc. and UngavaMineralExploration Inc. Announces Sheppard Arbitration DecisionScheduled to Beon 18-29 January, 2010

Nearctic Nickel Mines Inc. anditssubsidiary, Ungava Mineral Exploration Inc. (UMEI) have been advisedbyStikeman Elliott, their special counsel for all matters relating totheSheppard Arbitration Decision of April 1, 2009, that the motiontoAnnual the Decision is scheduled to be heard 18-29 January, 2010.

Canadian Royalties WinsArbitration RulingAgainst Nearctic Nickel Mines Inc. Granting ExpandStake in Expo-Ungava

Canadian Royalties Inc. announcedthat ithas won an arbitration ruling that allows it to boost its stakein theExpo-Ungava metals property to 80%. The company said the rulingagainstNearctic Nickel Mines Inc., the former Ungava Minerals Corp.,allows itto take additional 10% interest in the project and form ajoint venturewith Nearctic. Nearctic was also ordered to payarbitrator's fees. Thehearings followed a challenge by Nearctic thatCanadian Royalties had notmet its obligations under an option and jointventure agreement signedin 2001.

NearcticNickel Mines Inc. Appoints PaulVorvis as President

NearcticNickel Mines Inc. announcedthat Mr. Paul Vorvis, LLB, MBA has beenappointed as the President ofthe company.


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