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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

Comment by sailor8on May 01, 2024 6:25pm
139 Views
Post# 36018370

RE:RE:Anything under 1 billion USD would be a big win for Colombia

RE:RE:Anything under 1 billion USD would be a big win for Colombia"...The Company is seeking US$696 million plus interest at a rate of 6.6 percent per annum, compounded semi-annually, as compensation for damages the Company sustained as a result of Colombia’s measures. The Company has not recorded any amount in the financial statements as a contingent gain due to the ultimate uncertainty of the outcome."

Source: https://sedar-filings-backup.thecse.com/00003568/2404300437261241.pdf

It is from the "Consolidated Financial Statements Years Ended December 31, 2023 and 2022" - freshly  published just some days ago.

A lot to read about the history of our company. And a lot to read about the CVR's etc. !

Who has enough time and powers may dive into the big volume text. The parts about the CVR's and other rights may contain the keys for a distribution of a potential reward...
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