GBGD - huge - Caldera Receives Negative Decision From Arbitrator on Joint Venture (via Thenewswire.ca)
Symbol: TSX-V: CDR
OTC: CAEFF
Shares: 59,333,333
Montreal, Canada - Thursday, March 29, 2012 - Caldera Resources Inc. (the "company" or "Caldera") at 5:00 pm on Thursday afternoon, received a negative decision from the Arbitrator on the claim filed against Global Gold Corporation ("GBGD") relating to the joint venture agreement between the parties.
The decision is currently being reviewed by legal counsel in the US and Canada and more news will be forthcoming. Meanwhile, Caldera will be requesting the halt of trading of the shares of the company pending further announcement on Friday.
Cautionary Statement
The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Former Soviet country estimates are presented for historical reporting and to provide a basis for assessing Caldera's choices for its business activities. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources and the historical estimate should not be relied upon or understood to indicate the existence of reserves or resources.
Additional information related to the Company is filed electronically on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com .
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada (IIROC) accepts responsibility for the adequacy or accuracy of this release.
The security symbol, CAEFF, is part of the OTC Grey Market, where Caldera does not provide any reports and has no obligation to do so. There are no market makers under this symbol of this security. It is not listed, traded or quoted on any U.S. stock exchange or the OTC Markets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult. Caldera is not a filer on EDGAR. (see http://www.otcmarkets.com/otc-101/otc-market-tiers)
For additional information:
Mr. Bill Mavridis
President and CEO, Caldera Resources Inc.
Direct line: 514-813-9200
Email: bmavridis@calderaresources.com
www.calderaresources.com
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