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Article: Sulliden Exploration Inc.: Litigation Update on Shahuindo Property, The Arbitration Process Resumes
- Article from:
- CCNMatthews Newswire
- Article date:
- June 15, 2006
CopyrightCopyright 2006 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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MONTREAL, QUEBEC--(CCNMatthews - June 15, 2006) - Sulliden
Exploration Inc. (Sulliden) (TSX:SUE) is pleased to announce that it
has been notified by the Arbitration Tribunal that they are resuming
the arbitration process regarding the litigation between Minera
Sulliden Shahuindo SAC (Sulliden) with Compania Minera Algamarca S.A.
and Compania de Exploraciones Algamarca S.A. (Algamarcas) about the
execution of the Transfer Agreement of the Shahuindo property in
Peru.
As previously reported on December 15,2005, the Arbitration
Tribunal decided to suspend the arbitration process following
injunctions issued by the third Judge of the district of Cajamarca
and the sixty fourth Judge of Lima. The ...