Wednesday, September 12, 2012 11:04:19 AM
focused and thorough plan.
Bandera Gold Ltd. Provides Update on Judicial Proceedings to Enforce its Ownership Rights over the Cinco Minas and Gran Cabrera Prope Rties in Mexico
This is from Bloomberg the rulings in Bandera's favor were thrown out and the Federal court ruled against them
Aug 31 11
Bandera Gold Ltd. announced that it has been made aware by its Mexican counsel that the Mexican Supreme Court has ruled on the company's petition for review of the constitutionality of a previous decision of September 30, 2010 by the 5th Collegiate Court of Jalisco, acting as an 'amparo' Court, upholding the decision of such Court. The challenged decision of the 5 Collegiate Court of Jalisco had ruled that the company's case should be decided by Mexican Federal Courts, rather than by State Courts. This had the effect of (i) voiding the decisions of the 9th Supreme Court of Jalisco (acting as appellate Court) of March 22, 2010 and of the 5th Mercantile Court (acting as first instance Court) of July 7, 2009; both of which had upheld the company's petition to enforce its ownership rights over the Properties; and (ii) having the case sent for decision to the relevant Federal Court. The official written ruling has not yet been released and is not available to the parties. The company's counsel expects for the ruling to be available within the next 30 days.
FEATURED Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • ELMGF • Sep 10, 2024 11:00 AM