Alpha Exploration Reacts to BC Supreme Court Ruling

Alpha Exploration (TSXV:AEX) announced that it is disappointed with the BC Supreme Court’s decision to dismiss Alpha’s application for a summary trial against NexGen Energy as well as an injunction restraining NexGen from employing Garrett Ainsworth for a six month period starting June 2, 2014. The judge ruled that the matter wasn’t suitable for disposition through a summary trial. As a result, the injunction was dismissed and the cost of the injunction was awarded to NexGen.

According to the press release:

The BC Supreme Court issued a decision concerning the Company’s application for an injunction against NexGen Energy Ltd. and the Company’s former VP Exploration, Garrett Ainsworth (collectively, the “Defendants”). The judge held that the matter was not suitable for disposition through a summary trial on affidavit evidence alone and therefore the merits of the dispute must be dealt with at a full trial. As a result, the Company’s application for an injunction was dismissed on procedural grounds. The Company is disappointed with the outcome. Costs of the injunction application (approximately $3,000) were awarded to the Defendants. Alpha will consider pursuing a decision by full trial in accordance with the outcome at Court yesterday, and will disclose any further developments in due course.

Click here to read the Alpha Exploration Inc. (TSXV:AEX) press release
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