Brief: Excelsior Mining Announces Notice Of Civil Claim

Gunnison Copper

04/11/2021 02:13

Nov 3 (Reuters) - Excelsior Mining Corp  MIN.TO :
    * EXCELSIOR MINING ANNOUNCES NOTICE OF CIVIL CLAIM
    * AWARE OF A CIVIL CLAIM FILED AGAINST COMPANY AND CERTAIN
OF ITS
OFFICERS AND DIRECTORS
    * CONTENDS ALLEGATIONS MADE AGAINST IT IN ACTION ARE
MERITLESS AND
WILL BE VIGOROUSLY DEFENDED
    * EXCELSIOR-PLAINTIFF ALLEGES PROSPECTUS HAD
MISREPRESENTATIONS
RELATED TO CO'S ANTICIPATED TIMELINE TO ACHIEVE PRODUCTION RATE
OF 25 MILLION POUNDS/ANNUM
    * EXCELSIOR - PLAINTIFF ALLEGES THAT AS RESULT OF
MISREPRESENTATIONS IN PROSPECTUS, SECURITIES OF CO WERE SOLD TO
PUBLIC AT ARTIFICIALLY INFLATED PRICE

Source text for Eikon:  ID:nCNWZL6Kga 
Further company coverage:  MIN.TO 

 ((Reuters.Briefs@thomsonreuters.com;))