AVZ 0.00% 78.0¢ avz minerals limited

Ann: Arbitration Update, page-37

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  1. 381 Posts.
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    "AVZ International Pty Ltd, wholly-owned subsidiary of AVZ Minerals Limited (ASX : AVZ, OTCQX : AZZVF) (Company), has received a request for arbitration and related correspondence regarding the proposed commencement of arbitration proceedings by Jin Cheng Mining Company Limited (Jin Cheng) before the International Chamber of Commerce in Paris (ICC) to pursue claims by Jin Cheng to be recognised as a shareholder of Dathcom Mining SA (Dathcom).

    The request for arbitration is merely another attempt by Jin Cheng to press the allegation it has been ventilating in the media that it acquired a 15% shareholding in Dathcom from La Congolaise D’Exploitation Miniere SA (Cominiere)."

    Sounds inviting such a request don't you think?

    Cheers BJ

 
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