NNMIF .035 looks like they are going to take this all the way to the top. Stock should get a nice POP if the supreme court accepts submission. If they win... its worth a $10-$20/share:
NEARCTIC NICKEL MINES INC. For Immediate Release _______________ Toronto, Ontario (May 1, 2012) Issued & Outstanding 29,211,290 Common Shares
Nearctic Nickel Mines Inc. (the “Company”) reports that an Application for leave to appeal has been filed with the Supreme Court of Canada in respect of the Judgment of the Quebec Court of Appeal upholding the Sheppard Award in arbitration dated April 1, 2009. That Judgment was the subject of the press release dated March 6, 2012. The factum portion of the Application will be attached to the material change report to be filed in connection with this press release.
For further information, please contact: David L. Hynes – Director Tel: 905-361-2020
Caution Concerning Forward Looking Statements The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that that expectations of any forward looking statements will prove to be correct. Except as may be required by applicable securities laws, the Company disclaims any intention and assumes no obligations to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
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