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Creston’s Appeal of Arbitrator’s Award is Turned Down
May. 06, 2011 08:33PM PST
Industrial Metals InvestingCreston Moly Corp. (CVE:CMS) announced it has been denied its appeal to BC’s Supreme Court.
Creston Moly Corp. (TSXV:CMS) announced it has been denied its appeal to BC’s Supreme Court.
The press release is quoted as saying:
In a decision handed down on December 23, 2008, an arbitrator ruled that Creston was required to pay $4,140,000 plus costs to the Finder in connection with the acquisition of Creston’s molybdenum property in Mexico.
To read the full press release, click here.