News Column

Clifton Star Resources Institutes Legal Proceedings against Osisko Mining Corporation

June 9, 2014



ENP Newswire - 09 June 2014

Release date- 06062014 - Quebec City, QUEBEC - Clifton Star Resources Inc. (TSXV-CFO; Deutsche Boerse-C3T) has filed today in the Quebec Superior Court, legal proceedings against Osisko Mining Corporation, to claim damages sustained by Clifton Star.

The damages claimed are related to a contract signed between the parties that included a $22.5 Million loan facility that Clifton Star formally requested from Osisko, in November 2012, in order to pay an option payment on the Duparquet Property. The credit facility was not made available by Osisko at that time and discussions between the parties have failed to resolve the dispute since then.

Contact:

Michel F. Bouchard

President and CEO

Clifton Star Resources Inc.

Tel: 418-914-9922

Email: mbouchard@cfo-star.com

www.cfo-star.com


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: ENP Newswire


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters