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Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.


OTCPK:MEAOD - Post by User

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Comment by JRaffleson Feb 14, 2012 9:01am
364 Views
Post# 19530090

RE: MTO sued for 4.6 Millions

RE: MTO sued for 4.6 Millions

As of july 2011,widow of Marc Guay sued MTO for 1.1 M  and now,five new sues are adding 3.5 M to the first sue.

References are in French,so will not give it to you.

In the SSL contract litigation waranty below, Metanor reported a contingent liability of $2.1m, which was to the contractor, whose employees lost their lives.  The above claim may relate to a Metanor employee.

Under Canadian law, can their be multiple claims from a widow and also claims from extended family?

Source : SEDAR
SANDSTORM AGREEMENT
SCHEDULE "D"  DISCLOSED LITIGATION
QUEBEC SUPERIOR COURT FILE 615-17-000467-109
PARTIES :-
ENTREPRENUUR MINIER MONTALI INC V RESSOURCES METANOR INC
CLAIM - $2,130,767.12 DAMAGES
FILED IN COURT 22 OCTOBER 2010
EXPIRY DATE TO ENSCRIBE THE CASE - 31 JANUARY 2011

 

 

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