Business
Belgravia Hartford Provides Litigation Update on PolyNatura Royalty and Highlights Favorable Market Developments in the Potash and Water Markets
Toronto, Ontario--(Newsfile Corp. - May 1, 2025) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) (OTCQB: BLGVF) (FSE: ECA) ("Belgravia" or the "Company") provides an update regarding its ongoing litigation with PolyNatura Corp., a portfolio company of Cartesian Capital, concerning Belgravia's US $12.2 million royalty tied to water and mineral rights at the Ochoa Project in Lea County, New Mexico.A recent court-mandated settlement conference was held. While the substance of negotiations remains con
About this update from Belgravia Hartford Capital Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - May 1, 2025) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) (OTCQB: BLGVF) (FSE: ECA) ("Belgravia" or the "Company") provides an update regarding its ongoing litigation with PolyNatura Corp., a portfolio company of Cartesian Capital, concerning Belgravia's US $12.2 million royalty tied to water and mineral rights at the Ochoa Project in Lea County, New Mexico.","length":421,"tagName":"p"},{"type":"text","content":"A recent court-mandated settlement conference was held. While the substance of negotiations remains confidential, the parties are currently evaluating the potential benefits of scheduling an additional session to continue discussions toward a potential resolution.","length":264,"tagName":"p"},{"type":"text","content":"Belgravia has retained Zarco Einhorn Salkowski, P.A., a Miami-based nationally acclaimed boutique commercial litigation firm, to assist in achieving its objectives. The firm has decades of experience handling complex commercial disputes and a proven track record in achieving favorable outcomes and record-setting verdicts in high-stakes business litigation. Mary Nikezic, a partner at Zarco Einhorn Salkowski, P.A., stated: "We look forward to guiding Belgravia in securing the full value of this significant royalty. Leveraging our firm's extensive experience in complex commercial disputes, our litigation team is fully prepared to support Belgravia in achieving this goal, whether through a negotiated settlement or by obtaining a favorable court judgment."","length":775,"tagName":"p"},{"type":"text","content":"Belgravia's President and CEO, Mehdi Azodi, added:","length":54,"tagName":"p"},{"type":"text","content":""Current market trends and recent policy developments clearly highlight the strategic importance and growing value of Belgravia's royalty interest. Potash prices have significantly strengthened, President Donald Trump and the U.S. government continue to actively promote domestic critical-mineral production, and New Mexico's landmark water legislation has notably increased the strategic relevance of high-quality water assets within the Permian Basin. Belgravia remains resolute in its commitment to securing the entire US $12.2 million royalty for our shareholders."","length":587,"tagName":"p"},{"type":"text","...