Dia Met - Settlement of Sand River Resources Inc. Lawsuit.KELOWNA, British Columbia--(BUSINESS WIRE)--March 1, 1996--Dia Met Minerals Ltd. (TSE, AMEX AMEX See: American Stock Exchange , VSE: DMM.A DMM.B) announces the settlement of previously disclosed outstanding litigation involving a claim by Sand River Resources Inc. for the delivery of 3,750,000 Dia Met common shares. Subject to regulatory approval, Dia Met will settle the action by issuing to Sand River 350,000 Dia Met class A shares. Full releases will be exchanged and the action will be dismissed without costs. -0- The American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. , Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). have neither approved nor disapproved the information contained in this release. CONTACT: Dia Met Minerals Ltd. James E. Eccott or Grant Miller, 604/861-8660 |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion