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Strateco Loses its Lawsuit Against the Quebec Government and Assesses the Possibility of an Appeal
Jun. 22, 2017 08:52AM PST
Energy InvestingThe Honourable Denis Jacques, J.C.S., rendered his decision today in connection with the lawsuit of Strateco Resources (“Strateco”) against the Attorney General of Quebec on behalf of the Government of Quebec and the Minister of the Environment. He has rejected Strateco’s claim of $182,684,575 for the loss of its investment in the Matoush uranium project …
The Honourable Denis Jacques, J.C.S., rendered his decision today in connection with the lawsuit of Strateco Resources (“Strateco”) against the Attorney General of Quebec on behalf of the Government of Quebec and the Minister of the Environment.
He has rejected Strateco’s claim of $182,684,575 for the loss of its investment in the Matoush uranium project and an additional $10 million in punitive damages.
Strateco’s lawyers are currently reviewing the 115-page judgement and assessing the possibility of appealing the decision.
Click here to read the full text release.
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