Creston’s Appeal of Arbitrator’s Award is Turned Down

- May 6th, 2011

Creston 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.

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