Todays news release,Good news, but I never invest in these types of countries, can't trust them.
Tethys wishes to announce that the Astana Specialized Economic Court has ruled today that there are not sufficient grounds for satisfying the claim made by the Prosecutor's Office of the Aktobe Region. As Tethys previously reported, the Prosecutor's office claimed that the 2020 and 2021 extension of the subsoil contract No. 1897 between Kul-Bas LLP and the Ministry of Energy were not valid. The Company's defense effectively demonstrated that the procedures for the extension were carried out in accordance with the current legislation, and that there are no sufficient grounds for satisfying the Prosecutor's claim. The Ministry of Energy also provided a letter confirming that there was an investigation that concluded with no criminal charges being filed against any MOE or Tethys employees on this case.