RE:RE:RE:RE:RE:Intersting Find - Need tpo get into these financialsDevelopments Proposed Settlement, Claims Process and Opt Out Deadline A settlement has been reached in the class action. The settlement provides for the payment by the defendants of the total amount of CAD$6,500,000 to resolve all claims. The settlement is a compromise of disputed claims and is not an admission of liability or wrongdoing by Baffinland or any of the other defendants. The settlement must be approved by the Ontario Court. A settlement approval hearing has been set for September 6, 2019 in London, Ontario. At the hearing, the Court will also address a motion to approve Class Counsels fees, which will not exceed 27.5% of the recovery plus reimbursement for expenses incurred in the litigation. The Court has appointed Epiq Class Action Services Canada Inc. as the Administrator of the settlement. To be eligible for compensation, Class Members must submit a completed Claim Form to the Administrator by no later than 11:59pm Toronto (Eastern) time on December 25, 2019. If the settlement is approved, and if you do not file a claim by this deadline, you may not be able to claim a portion of the settlement and your claim will be extinguished. You must opt out by 5:00pm Toronto (Eastern) time on August 12, 2019 if you do not want to be part of the class action and be bound by the terms of the settlement. Class Members may also express their views about the proposed settlement to the Court. If you wish to express your views, you must do so in writing by August 23, 2019.