The Thornton Law Firm announces that a class action lawsuit has been filed on behalf of investors of Turquoise Hill Resources Ltd. . Investors who purchased TRQ stock or other securities between July 17, 2018 and July 31, 2019 may contact the Thornton Law Firm to obtain a copy of the complaint or to discuss the lead plaintiff process. Interested investors are encouraged to visit: Investors may email ...

The Thornton Law Firm announces that a class action lawsuit has been filed on behalf of investors of Turquoise Hill Resources Ltd. (NYSE:TRQ). Investors who purchased TRQ stock or other securities between July 17, 2018 and July 31, 2019 may contact the Thornton Law Firm to obtain a copy of the complaint or to discuss the lead plaintiff process. Interested investors are encouraged to visit: www.tenlaw.comcasesTurquoiseHill. Investors may email investors@tenlaw.com or call 617-531-3917. Interested Turquoise Hill investors have until December 14, 2020 to apply to be a lead plaintiff

FOR MORE INFORMATION: www.tenlaw.com/cases/TurquoiseHill

According to the Complaint, Turquoise Hill is an international mining company focused on the operation and development of the Oyu Tolgoi copper-gold mine in Southern Mongolia. The case alleges that Turquoise Hill and its senior executives made misleading statements to investors and failed to disclose that: (i) the progress of underground development of Oyu Tolgoi was not proceeding as planned; (ii) there were significant undisclosed underground stability issues that called into question the design of the mine and the projected cost and timing of production; (iii) Turquoise Hill's publicly disclosed estimates of the cost, date of completion, and dates for production from the underground mine were not achievable; (iv) the development capital required for the underground development of Oyu Tolgoi would cost substantially more than a billion dollars over what Turquoise Hill had represented; and (v) Turquoise Hill would require additional financing and/or equity to complete the project. It is alleged that after a series of disclosures about the status of the project, Turquoise Hill's common share price fell, thereby damaging investors.

FOR MORE INFORMATION, VISIT: www.tenlaw.com/cases/TurquoiseHill

The lawsuit alleges violations of the federal securities laws. The Private Securities Litigation Reform Act of 1995 allows any investor who purchased the securities at issue in the case during the Class Period to seek appointment as a lead plaintiff in the lawsuit. A lead plaintiff acts on behalf of all other investor class members in managing the class action and can select a law firm of their choice to litigate the lawsuit. Serving as a lead plaintiff does not impact an investor's share in any potential recovery. Investors do not need to be a lead plaintiff to be a member of the class. If investors choose to take no action, they can remain an absent class member. Interested Turquoise Hill investors have until December 14, 2020 to apply to be a lead plaintiff. The class has not yet been certified. Until certification occurs, investors are not represented by an attorney.

Thornton Law Firm's securities attorneys are highly experienced in representing investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of investors. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

CONTACT:

Thornton Law Firm LLP
1 Lincoln Street
State Street Financial Center
Boston, MA 02111
www.tenlaw.com/cases/TurquoiseHill

SOURCE: Thornton Law Firm LLP



View source version on accesswire.com:
https://www.accesswire.com/619517/TURQUOISE-HILL-INVESTOR-ALERT-Shareholder-Lawsuit-Filed

News Provided by ACCESSWIRE IA via QuoteMedia

VVC To Issue Additional Shares to Stockhouse

VVC To Issue Additional Shares to Stockhouse

VVC Exploration Corporation (" VVC " or the "Company") (TSX-V:VVC) announces the following:

Pursuant to an arrangement with Stockhouse Publishing Ltd. ("Stockhouse") in August 2021, Stockhouse is assisting VVC with general market outreach and investor awareness as the Company continues to grow its investor base.

Keep reading... Show less
Ground Geophysics Identifies Copper Drill Targets Supporting Surface Mineralisation At Picha Project, Peru

Ground Geophysics Identifies Copper Drill Targets Supporting Surface Mineralisation At Picha Project, Peru

Valor Resources Limited (“Valor” or the “Company”) is pleased to announce the commencement of a ground geophysical survey at the Company’s Picha Project in Peru. A ground magnetic and Induced Polarisation (IP) survey has commenced with the first three lines of the IP survey completed and 70% of the ground magnetic survey completed. Preliminary results have been received for the first three lines of the IP survey which have revealed chargeabilty anomalies at depth which correlate with surface mineralisation at the Cumbre Coya, Maricate and Cobremani target areas (see Figures 1, 2 & 3 – IP lines L_7776, L_8176 & L_8576).

Keep reading... Show less

The Copper Price Today: A Brief Overview

From wiring and plumbing to electric vehicles and electronics, base metal copper is key for a range of important applications in various industries.

In fact, the metal has earned the moniker "Dr. Copper" because its widespread use makes it a valuable indicator for global economic health. Knowing the factors that move the copper price today is therefore helpful for investors who are focused on the bigger picture.

Even though the red metal took a COVID-19-induced dive in the early spring of 2020 along with most other commodities, 2021 turned out to be a record-setting year for the copper price.

Keep reading... Show less

Ivanhoe Mines Reports No Impact from the Omicron Variant on Any of Its Operations

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) reports that the new COVID-19 variant, Omicron, has had no impact on any of its mining or mine development operations in South Africa or the Democratic Republic of Congo (DRC).

No cases of the new variant have been detected at the company's Kamoa-Kakula and Kipushi projects in the DRC and, while there have been some recent infections among employees and contractors working at the company's Platreef Project in South Africa, all people infected to date have either been asymptomatic or experienced very mild symptoms.

Keep reading... Show less
Libero Copper Upsizes Private Placement to $7 Million and Announces Closing of First Tranche

Libero Copper Upsizes Private Placement to $7 Million and Announces Closing of First Tranche

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) (" Libero Copper ") is pleased to announce that due to strong investor demand, it has increased the non-brokered private placement announced on November 8, 2021 (the " Offering ") for the sale of up to 14,000,000 units (the " Units ") at a price of $0.50 per Unit for gross proceeds of up to $7,000,000 . Each Unit will be comprised of one common share (each, a " Unit Share ") and one half of one common share purchase warrant (each whole warrant, a " Warrant ").

Keep reading... Show less
Another Exceptional Copper-Vanadium-Lead Intersection At Nosib

Another Exceptional Copper-Vanadium-Lead Intersection At Nosib

and step out hole extends copper-vanadium-lead mineralisation along strike to the NE

Golden Deeps Limited (“Golden Deeps” or “Company”) is very pleased to announce further, exceptional, copper-vanadium-lead-silver intersections from the second diamond drill hole at the Nosib Block (“Nosib”) Prospect, located in the Otavi Mountain Land of northern Namibia (see location Figure 3).
Keep reading... Show less

Top News

Related News