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     555  0 Kommentare Monument Collects Judgment and Adds Peter Kestel Personally as Defendant at Kuantan High Court - Seite 2

    In the course of the proceedings, it was found that Summer had been dissolved and thus the suit had been withdrawn against Summer. The Company applied to the Kuantan High Court to add Peter Kestel in his personal capacity as a second Defendant in the Kuantan High Court. Peter Kestel is now a party to the Kuantan suit.

    Summer, was a trustee to hold the entire 100% of the issued shares of SMSB in trust for Able, a wholly owned subsidiary of Monument through which Monument holds a 100% interest of the Selinsing Gold Project. However, the 100% of the SMSB shares were transferred out from Summer to Kesit Pty. Ltd. SMSB is the party suing Monument for a 5% of JV interest in the Selinsing Gold Project.

    About Monument

    Monument Mining Limited (TSX VENTURE:MMY)(FRANKFURT:D7Q1) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia. Its experienced management team is committed to growth and is advancing several exploration and development projects including the Mengapur Polymetallic Project, in Pahang State of Malaysia, and the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra in the Murchison area of Western Australia. The Company employs approximately 260 people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities.

    Robert F. Baldock, President and CEO
    Monument Mining Limited
    Suite 1580 -1100 Melville Street
    Vancouver, BC V6E 4A6

    FOR FURTHER INFORMATION visit the company website at www.monumentmining.com.

    "Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

    Forward-Looking Statement

    Lesen Sie auch

    This news release includes statements containing forward-looking information about Monument, its business and future plans ("forward-looking statements"). Forward-looking statements are statements that involve expectations, plans, objectives or future events that are not historical facts and include the Company's plans with respect to its mineral projects and the timing and results of proposed programs and events referred to in this news release. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The forward-looking statements in this news release are subject to various risks, uncertainties and other factors that could cause actual results or achievements to differ materially from those expressed or implied by the forward-looking statements. These risks and certain other factors include, without limitation: risks related to general business, economic, competitive, geopolitical and social uncertainties; uncertainties regarding the results of current exploration activities; uncertainties in the progress and timing of development activities; foreign operations risks; other risks inherent in the mining industry and other risks described in the management discussion and analysis of the Company and the technical reports on the Company's projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com.

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    Verfasst von Marketwired
    Monument Collects Judgment and Adds Peter Kestel Personally as Defendant at Kuantan High Court - Seite 2 VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2016) - Monument Mining Limited (TSX VENTURE:MMY)(FRANKFURT:D7Q1) "Monument" or the "Company" reports that it has collected the Shah Alam High Court Judgment award in relation to the Mersing …