OTCPK:GVLGF - Post by User
Post by
maystealeron Jun 29, 2012 2:38am
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Post# 20067247
Just BS - here is the news.
Just BS - here is the news.
| | February 10, 2011
Newton Gold and Grenville Gold End Litigation
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| | Vancouver, British Columbia (February 10, 2011) -- Newton Gold Corp (TSX.V:NWG) ("Newton Gold" or the "Company") is pleased to report that the Company and Grenville Gold Corporation have agreed to end the litigation between them.
On March 4, 2008, Grenville and its subsidiaries launched litigation in the Supreme Court of B.C. against High Ridge (now Newton Gold) relating to certain concessions in Peru known as the "Bella Rubia" concessions. High Ridge's Peruvian subsidiary was not a party to that claim.
The Company has since sold its Peruvian subsidiary and no longer has any interest in Peru, and claims no rights of any kind to the Bella Rubia Concessions.
Documentation will be filed with the Court dismissing the action without costs to any party.
ON BEHALF OF THE BOARD OF DIRECTORS
"Mark A. McLeary"
President |