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Bastion Minerals Faces Legal Claim from Former Advisor

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Bastion Minerals Faces Legal Claim from Former Advisor

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Bastion Minerals Ltd ( (AU:BMO) ) has shared an announcement.

Bastion Minerals Ltd has been served with a Writ of Summons by its former corporate advisor and broker, GTT Ventures Pty Ltd, in the District Court of Western Australia. GTT claims that Bastion breached a mandate agreement and is seeking $238,604.73 plus interest and costs. The company is consulting legal advisors and will update the market as appropriate, though it currently lacks sufficient information to assess the claim’s merits.

More about Bastion Minerals Ltd

Bastion Minerals Ltd is a company listed on the Australian Securities Exchange (ASX) under the ticker BMO. It operates in the minerals industry, focusing on exploration and development projects.

Technical Sentiment Signal: Sell

Current Market Cap: A$1.81M

For a thorough assessment of BMO stock, go to TipRanks’ Stock Analysis page.

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