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Bullboard - Stock Discussion Forum Thunderstruck Resources Ltd V.AWE

Alternate Symbol(s):  THURF

Thunderstruck Resources Ltd. is a Canada-based mining exploration company. The Company’s principal mineral property interest is a project located on the main island of Fiji. Its projects include Korokayiu Copper-Zinc Prospect, Liwa Gold-Silver Prospect, Rama Copper-Gold Prospect and Nakoro Zinc-Copper Prospect. The Korokayiu prospect is located on the southern part of Fiji’s largest island... see more

TSXV:AWE - Post Discussion

Thunderstruck Resources Ltd > Court Judgment
View:
Post by jetstream on Mar 17, 2022 11:59am

Court Judgment

https://www.bccourts.ca/jdb-txt/sc/22/04/2022BCSC0404.htm
 

Plaintiffs - Thunderstruck Resources Ltd. and Bryce Bradley

Defendants - Bonga Xploration Drilling Supplies Ltd., Lloyd Francis Gale and Viccy Namuyomba

 

Summary

[134]     In my view, the Defendants have failed to meet their burden to show that Fiji is clearly the more appropriate forum to decide all of the issues in this proceeding. To the contrary, the overall circumstances clearly support allowing the BC Action to continue. I will not decline to exercise this Court’s jurisdiction under s. 11(1) of the CJPTA.

CONCLUSION

[135]     This application is dismissed. Costs are awarded in favour of the Plaintiffs against the Defendants on the usual Scale and in any event of the cause.

https://www.bccourts.ca/jdb-txt/sc/22/04/2022BCSC0404.htm

 

 

a)              Thunderstruck and Ms. Bradley rely on their good reputation in BC in order to attract investors to Thunderstruck, which is necessary to support its business;

b)              The Defendants posted defamatory statements to Stockwatch.com, a popular source of real-time news for companies listed on major North American stock markets, where they were read and republished by at least one self-identified "Canadian investor";

c)               The Defendants posted defamatory statements to CEO.ca, a Vancouver-based stock market dashboard and online forum for investors. CEO.ca is widely-used in the Vancouver-based mineral exploration investor community; and

d)              Mr. Gale sent emails to two Thunderstruck directors, which included the alleged defamatory statements. One of the directors is located in Vancouver.


 

Comment by Microcapmetals on Mar 17, 2022 12:39pm
Wow, thank you for posting this. This has gone on long enough and Thunderstruck is vindicated. Lloyd and his partner are getting what karma gives. Thunderstruck always made it clear they were in the right and now it's official. Pay up time Lloyd!!
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