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Excelsior Mining Provides Litigation Update
Phoenix, Arizona--(Newsfile Corp. - September 2, 2022) - Excelsior Mining Corp. (TSX: MIN) (F...
About this update from Gunnison Copper Corp.
[{"type":"text","content":"Excelsior Mining Provides Litigation UpdatePhoenix, Arizona--(Newsfile Corp. - September 2, 2022) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) (\"Excelsior\" or the \"Company\") announces that the British Columbia Supreme Court, in MM Fund v. Excelsior Mining Corp. 2022 BCSC 1541, a purported class action brought by MM Fund, has granted the application by Excelsior to strike MM Fund's certification application and further ordered MM Fund to remove all pleadings relating to advancing a class proceeding against Excelsior. Excelsior was awarded its costs of the application in any event of the cause. MM Fund's action may continue as an individual claim; however, MM Fund has been found to be incapable advancing the action as a class proceeding.ABOUT EXCELSIOR MININGExcelsior \"The Copper Solution Company\" is a mineral exploration and production company that owns and operates the Gunnison Copper Project in Cochise County, Arizona. The project is a low cost, environmentally friendly in-situ recovery copper extraction project that is permitted to 125 million pounds per year of copper cathode production. Excelsior also owns the past producing Johnson Camp Mine and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits.For more information on Excelsior, please visit our website at www.excelsiormining.com. For further information regarding this press release, please contact:Excelsior Mining Corp.Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018.Shawn WestcottT: 604.365.6681E: [email protected] Note Regarding Forward-Looking InformationThis news release contains \"forward-looking information\" concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to, statements with respect to the Company's mineral property operations and statements regarding the future status of the MM Fund claim.In certain cases, forward-looking information can be identified by the use of words such as \"plans\", \"expects\" or \"does not expect\", \"budget\", \"scheduled\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not anticipate\", or \"believes\", or variations of such words and phrases or state that certain action...