RAS 0.00% 1.7¢ ragusa minerals ltd

I quite like the tenements that Ragusa holds re lithiumhowever,...

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    I quite like the tenements that Ragusa holds re lithium
    however, can someone enlighten me on the below current legal action against the company

    The Company advises that it has become aware of a Writ and Statement of Claim issued in the Supreme Court of Victoria (“Writ”) by Keybridge Capital Limited (“Keybridge”) naming the Company as a co- defendant. The claims made by Keybridge in the Writ relate to matters connected with the sale by the Company of Aurora Funds Management Limited to Keybridge that took place in 2015 for a sale price of $5,453,278.43. The auditors of the Company at the time of that sale are named as a co-defendant. Keybridge has claimed an unspecified quantum of damages, as well as interest and costs.The Company denies the claims in the Writ and intends to defend the proceedings. The Company is in the process of reviewing the Writ with its legal advisors, including to determine if the Writ

 
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