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Auxico Resources Canada ( (TSE:AUAG) ) just unveiled an announcement.
Auxico Resources Canada Inc. has been awarded approximately USD $2.2 million by the International Court of Arbitration against JBNX Holding e Participações LTDA for breaching a 2020 purchase agreement. This arbitration award, which is final and binding, compensates Auxico for JBNX’s failure to deliver manganese ore as contracted, and the company is now taking steps to enforce the award in Brazil.
More about Auxico Resources Canada
Auxico Resources Canada Inc. is a Canadian company founded in 2014 and based in Montreal. It is engaged in the acquisition, exploration, and development of mineral properties, primarily in Colombia and Bolivia. The company trades on the Canadian Stock Exchange under the symbol AUAG.
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$11.52M
See more data about AUAG stock on TipRanks’ Stock Analysis page.