Arbitrator Issues Standstill Order in Caldera vs. Global Gold Dispute

Caldera Resources Inc. and Global Gold Corporation received an order on Thursday November 17, 2011, by the Arbitrator presiding over the dispute filed by Caldera against GBGD.

As quoted in the press release:

The order declares that “there shall be no sale, transfer, pledge, assignment, encumbrance and/or hypothecation” of the shares of Marjan Mining Company, LLC which holds the license to the Marjan Polymetallic Gold and Silver Project (the “Project”) in Armenia. The same order applies to the membership interests in Marjan-Caldera Mining, LLC, the joint-venture vehicle were Caldera holds 55% interest in the Project.

Click here to read the Caldera Resources Inc. (TSXV:CDR) press release
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