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    lithium investing

    Canada Lithium Sued Over Resource Estimate

    Investing News Network
    Apr. 11, 2011 02:43PM PST
    Battery Metals

    Reuters Africa reports that Canada Lithium Corp (TSE:CLQ) is facing a class action lawsuit demanding C$50 million ($52 million) in damages over a resource estimate at the company’s Quebec lithium project.

    Reuters Africa reports that Canada Lithium Corp (TSX:CLQ) is facing a class action lawsuit demanding C$50 million ($52 million) in damages over a resource estimate at the company’s Quebec lithium project.

    The market news is quoted as saying:

    The company said in February that it was appointing an independent third party to review the resource estimate for the project, after an internal review indicated a material reduction in the measured, indicated and inferred mineral resource.

    Click here to access the entire news

    tsx:clqquebec lithium projectcanadaquebec lithiumlithium investingcanada lithium corp
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