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Montoro Receives Statement of Defence in Lawsuit Against Province of British Columbia
Montoro Receives Statement of Defence in Lawsuit Against Province of British Columbia
About this update from Trident Resources Corp.
[{"type":"text","content":"\nMontoro Receives Statement of Defence in Lawsuit Against Province of British Columbia\n\n\n Sep. 1, 2009 (Filing Services Canada) -- International Montoro Resources Inc. (IMT - TSX Venture), reports that the Company has now received the Statement of Defence from the Province of British Columbia (the \"Province of B.C.\") in response to our action in the Supreme Court of British Columbia which alleged that the Province of B.C. has prevented the Company from exploring for, developing, or producing uranium or thorium from the Cup Lake/Donen uranium property and that the Province of B.C. has expropriated the Company's interest in the property. The Statement of Defence filed by the Province of B.C. agrees that as the Cup Lake/Donen Property claims were registered prior to the Uranium and Thorium Reserve coming into effect, the Regulation does not apply to the Cup Lake/Donen Property and \"does not affect the rights, titles or interests of the Plaintiffs (IMT) in any way. This was the same public response given by the former Minister of State for Mining -Kevin Krueger. The Statement of Defence merely parrots that which the Province filed in response to the Boss Power action in November 2008 but fails to admit to the following action taken by the Province of B.C. since that time:On March 12th, 2009 the Government of the Province of B.C. issued an Order in Council #208 prohibiting the Chief Mines Inspector from issuing work permits in respect of uranium and thorium. \"This is as far as the Province of B.C. needs to go\", says former B.C. Mining Minister Gordon Hogg in respect to banning and developing of uranium and thorium projects and matching mining and exploration regulations with the province's no- nuclear policy.The Province's position that the Uranium and Thorium Reserve does not apply to our project is in direct conflict with the newly inacted Order in Council. IMT believes that the Province of B.C. has, by issuing this Order in Council, aggravated the damages to the Company by furthering the expropriation of the Cup Lake/Donen deposit. In a recent Business In Vancouver - August 11-17/09 article IMT President Gary Musil states he \"believes the Province of B.C.'s ban is connected in part with pressure from people who have a vested interest in hydro-power.\" \"In B.C., we have a rich province for hydro-power. To some people, (u...