Base Metals

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Turquoise Hill Resources Ltd. and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Turquoise Hill securities between July 17, 2018 and July 31, 2019, both dates inclusive . Such investors are encouraged to join this case by visiting the firm's site: class action seeks to ...

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Turquoise Hill Resources Ltd. ("Turquoise Hill" or "the Company") (NYSE:TRQ) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Turquoise Hill securities between July 17, 2018 and July 31, 2019, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.comtrq

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and omitted to disclose material facts regarding the Company's business and operations. Specifically the complaint alleges that Defendants made false and or misleading statements and/or failed to disclose that: (1) the progress of underground development of Oyu Tolgoi was not proceeding as planned; (2) there were significant undisclosed underground stability issues that called into question the design of the mine, the projected cost and timing of production; (3) the Company's publicly disclosed estimates of the cost, date of completion and dates for production from the underground mine were not achievable; (4) the development capital required for the underground development of Oyu Tolgoi would cost substantially more than a billion dollars over what the Company had represented; and (5) Turquoise Hill would require additional financing and/or equity to complete the project.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/trq or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Turquoise Hill you have until December 14, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC



View source version on accesswire.com:
https://www.accesswire.com/612154/TRQ-Shareholder-Alert-Bronstein-Gewirtz-Grossman-LLC-Notifies-Turquoise-Hill-Resources-Ltd-Shareholders-of-Class-Action-and-Lead-Plaintiff-Deadline-December-14-2020

News Provided by ACCESSWIRE IA via QuoteMedia

Best Copper Stocks on the TSX

Click here to read the previous best TSX copper stocks article.

Copper had a stellar first half of 2021, with prices rallying to their all-time highest level during Q2.

Unlike the first half of 2020, the trend in copper prices was upward for most of the first half of this year, with the red metal hitting an all-time high in May.

Heading into the home stretch of 2021, the market is still robust, and there is plenty of optimism that copper remains in bullish territory. Many analysts and companies expect a boom in the coming years as electrification and electric vehicles grow in popularity and subsequently increase the world’s appetite for the vital base metal.

Keep reading... Show less

Platreef Mine Secures US$200 Million Gold Stream Financing and Additional US$100 Million Palladium and Platinum Stream

Offtake arrangements announced for 100% of Platreef's first phase production

Platreef scheduled to commence production in 2024

Keep reading... Show less
Victory Receives Smokey Lithium Drill Permit

Victory Receives Smokey Lithium Drill Permit

  • Following Extensive Exploration and Analysis Smokey Lithium Exploration Team Set to Begin Drill Program
  • Drill Program will Focus on Relationship to High Li Zone to adjacent Jindalee Property

Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) ("Victory" or the "Company") is excited to announce that the Company's has received a drill permit to commence drilling on its Smokey Lithium property in Esmeralda County, Nevada

As a result of the extensive exploration work and analysis conducted to date, the Company's exploration team has identified drill targets that will determine whether a relationship exists to the high Li zone on the adjacent Jindalee property. The drill permit was expanded from the original 4 holes to 15 holes based upon further analysis by the Company's Exploration Team which included locations of key targets for drill holes.

Keep reading... Show less
Getchell Gold Corp. Secures Two Drill Rigs for 2022 at the Company's Nevada Projects

Getchell Gold Corp. Secures Two Drill Rigs for 2022 at the Company's Nevada Projects

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to announce the Company has executed a contract to secure two drill rigs for the entirety of 2022 to conduct exploration at the Company's Nevada based projects.

"The discovery of our Colorado SW and North Fork gold zones and the successful follow-up drill results indicate an extensive mineralizing system at the Fondaway Canyon gold project that remains open to depth and along strike. The procurement of a second drill rig will facilitate an accelerated advancement and broader delineation of these discoveries," states Mike Sieb, President, Getchell Gold Corp. "In addition, the second drill rig will enhance our news flow next year and allow for the much-anticipated maiden drill program at the Star high-grade copper-gold-silver project."

Keep reading... Show less
Latin Metals Stakes Three New Copper Exploration Projects, Coastal Copper Belt, Peru

Latin Metals Stakes Three New Copper Exploration Projects, Coastal Copper Belt, Peru

TSXV: LMS) OTCQB: LMSQF) announces that it has acquired a 100% interest in three copper exploration projects totaling 5,000 hectares, located in the Coastal Copper Belt, Peru. The three projects (Loli, Tillo, and Para) (the " Projects ") are located approximately 130km southwest of the Company's Lacsha copper project, where recent exploration has identified extensive copper mineralization at surface and where the Company expects to complete an IP survey in January 2022 ( Figure 1 ).

The Projects were acquired by staking following completion of an extensive regional stream sediment survey, screening approximately 480 km 2 . The areas were selected based on consistent copper anomalies and geological similarities to the Lacsha - Yanba projects area.

Keep reading... Show less
Opawica Announces $2,000,000 Flow Through Placement

Opawica Announces $2,000,000 Flow Through Placement

(TheNewswire)

Opawica Explorations Inc.

TheNewswire - December 7 th 2021 Opawica Explorations Inc. (the "Company") (TSXV:OPW) (OTC:OPWEF) is pleased to announce that it proposes to undertake a private placement to raise gross proceeds of up to $2,000,000 (the "Offering"). The Company proposes to raise up to $2,000,000 through the sale of up to 3,636,363 flow-through units priced at $0.55 (the "FT Units"). Each FT Unit consists of one flow-through common share and one-half of a share purchase warrant, with each whole Warrant exercisable into one further common share at a price of $0.75 for a term of two years.

Keep reading... Show less

Top News

Related News