MRC mineral commodities ltd

News: MRC Mineral Commodities Says Received Writ Of Summons From Minority Shareholder BSG Mining

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    March 14 (Reuters) - Mineral Commodities Ltd (MRC) :

    • RECEIVED WRIT OF SUMMONS FROM MINORITY SHAREHOLDER BSG MINING LLC
    • WRIT OF SUMMONS REGARDING SHAREHOLDERS DEED BETWEEN UNIT, BSG & SKALAND GRAPHITE AS ENTERED ON 13 FEB 2020
    • REMEDY SOUGHT UNDER WRIT IS FOR COMPULSORY SHARE SALE OF UNIT'S SHARES IN SKALAND AT FAIR MARKET VALUE
    • UNIT & CO DO NOT ACKNOWLEDGE ANY BREACH OF SHAREHOLDERS DEED AND WILL DEFEND PROCEEDINGS
    • CURRENTLY REVIEWING WRIT & SEEKING EXTERNAL LEGAL ADVICE IN AUSTRALIA & NORWAY
 
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