The funds will provide funding for all legal fees incurred by AVZ on behalf of AVZ, AVZ International Pty Ltd, Green Lithium Holdings Pte. Ltd or Dathcom, expert fees, local law support, investigation costs, arbitration and court fees and any related activities
• The Funding Facility will also provide significant working capital to ensure AVZ can continue defending its legal rights to its interests in the Manono Project and ultimately see its development
AVZ’s preferred course is a negotiated resolution commencing with the execution of an MOU with the DRC Government which provides for a stay of the ICSID proceedings while the DRC Government takes the necessary steps to comply with the Mining Code at which time the ICSID proceedings can be withdrawn.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held