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Mt. Labo Wins Setting Aside Application by Galeo for the Final Award Issued by the Singapore International Arbitration Centre
Not for release to US wire services or distribution in the United States Announcement t...
About this update from Rtg Mining, Inc.
[{"type":"text","content":"Mt. Labo Wins Setting Aside Application by Galeo for the Final Award Issued by the Singapore International Arbitration CentreNot for release to US wire services or distribution in the United StatesAnnouncement to the Toronto Stock Exchange and Australian Securities ExchangeSUBIACO, WESTERN AUSTRALIA / ACCESSWIRE / November 21, 2021 / The Board of RTG Mining Inc. (\"RTG\", the \"Company\") (TSX:RTG)(ASX:RTG) is pleased to announce that Justice Patricia Bergin in the Singapore International Commercial Court of the Republic of Singapore has dismissed Galeo Equipment Corporation's application to set aside the Final Award, issued by the Singapore International Arbitration Centre in favour of Mt. Labo Exploration and Development Corporation (\"Mt. Labo\"), in its entirety. Mt. Labo would like to thank Mr Davinder Singh SC and his team for their assistance on this matter.Her Honour also directed that the parties try to reach an agreement on costs, failing which Her Honour will decide the question of costs after considering the parties' submissions.ABOUT RTG MINING INCRTG Mining Inc. is a mining and exploration company listed on the main board of the Toronto Stock Exchange and the Australian Securities Exchange. RTG is currently focused primarily on progressing the Mabilo Project to start-up having recently received a mining permit for the Project, with a view to moving quickly and safely to a producing gold and copper company.RTG also has a number of exciting new opportunities including the Panguna Project in Bougainville, which it remains committed to but during these uncertain times the primary focus is on advancing the Mabilo Project.RTG has an experienced management team which has to date developed seven mines in five different countries, including being responsible for the development of the Masbate Gold Mine in the Philippines through CGA Mining Limited. RTG has some of the most respected international institutional investors as shareholders including Franklin Templeton, Equinox Partners and Sun Valley.ENQUIRIESAustralian ContactPresident & CEO - Justine MageeTel: +61 8 6489 2900Fax: +61 8 6489 2920Email: [email protected] ContactInvestor Relations - Jaime Wells+1 970 640 [email protected] COMPLIANCE STATEMENTDate: 22 November 2021Authorised for release by: By the Board of DirectorsCAUTIONARY NOTE REGARDING FORWAR...