NZC 0.00% 36.5¢ nzuri copper limited

Katanga Mining JV partner Gecamines starts legal proceedings to dissolve KCC, page-3

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    https://www.newswire.ca/news-releas...tion-of-kcc-capital-deficiency-685272411.html

    ZUG, Switzerland, June 12, 2018 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") announces today that, together with its 75% operating subsidiary in the Democratic Republic of the Congo ("DRC"), Kamoto Copper Company ("KCC"), it has entered into an agreement (the "Settlement Agreement") with (amongst others) the Company's joint venture partner, DRC state-owned company La Générale des Carrières et des Mines ("Gécamines") to terminate the legal proceedings brought by Gécamines in the DRC courts and resolve KCC's previously disclosed capital deficiency.
 
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