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News: CMD Cassius Mining Says Unit Formally Commenced International Arbitration Against Govt Of...

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    07/02/23
    17:25
    Post #: 66123415

    Feb 7 (Reuters) - Cassius Mining Ltd (CMD) :

    • GHANIAN UNIT FORMALLY COMMENCED INTERNATIONAL ARBITRATION AGAINST GOVERNMENT OF REPUBLIC OF GHANA
    • CLAIMING DAMAGES IN EXCESS OF $275 MILLION AS CONSEQUENCE OF GHANA'S BREACHES OF LARGE-SCALE PROSPECTING LICENCE AGREEMENT
    • PROPOSED THAT PERMANENT COURT OF ARBITRATION AT HAGUE SERVE AS CASE ADMINISTRATOR AND APPOINTING AUTHORITY
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