The latest announcement is out from Eclipse Metals Ltd. ( (AU:EPM) ).
Eclipse Metals Ltd is currently involved in a legal dispute with Pioneer Resources Partners LLC over a commercial contractual claim in the Supreme Court of New South Wales. Pioneer is seeking additional shares from Eclipse under an investment agreement, despite Eclipse’s position that it has fulfilled its obligations. The company plans to defend itself vigorously and has appointed Blackwall Legal as its legal representative. Eclipse will continue to update its shareholders on any significant developments regarding this matter.
More about Eclipse Metals Ltd.
Eclipse Metals Ltd is an Australian exploration company engaged in the exploration of multi-commodity mineralisation in southwestern Greenland, Australia’s Northern Territory, and Queensland. The company holds a diverse portfolio of assets that are prospective for minerals such as cryolite, fluorite, siderite, high-purity silica, rare earths, gold, platinum group metals, manganese, palladium, vanadium, and uranium. Eclipse Metals aims to enhance shareholder value through capital growth and dividends by developing viable mineral deposits.
Technical Sentiment Signal: Buy
Current Market Cap: €9.96M
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