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Press Release Source: X-Clearing Corporation
X-Clearing Corporation Announces Judgment Against Mercantile Gold Company, nka MGM Mineral Resources, Inc.
Thursday February 8, 6:00 am ET
DENVER, Feb. 8 /PRNewswire/ -- Clearing Corporation (Defendant) announced today that it has obtained a final, non-appealable judgment against Mercantile Gold Company (Plaintiff), nka MGM Mineral Resources, Inc. (OTC: MGMX - News), in the amount of $362,567.24, plus costs and attorney's fees to be determined.
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This District Court action, case number 05-CV-8036, was originally brought against X-Clearing Corporation by Steven Doppler, the prior President and CEO of Mercantile Gold Company. Currently, Mr. Doppler is CEO of Aurelio Resource Corporation (OTC Bulletin Board: AULO - News). The judgment was based upon a counter-claim by X-Clearing Corporation. As of this date Mercantile Gold has made no attempt to satisfy this judgment.
X-Clearing Corporation, a wholly owned subsidiary of Fincor, Inc. (OTC: FINC - News), is a boutique professional transfer agent based in Denver, Colorado.
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Source: X-Clearing Corporation
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