Gabriel Resources (TSE:GBU) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Gabriel Resources Ltd. has lodged an application to annul a recent ICSID award that dismissed its claims against Romania and ordered the company to pay US$10 million in costs. The company contends that the ICSID tribunal’s decision was marred by lack of impartiality, failure to follow proper legal procedures, and inadequate reasoning. Gabriel Resources is seeking a new hearing by an ad hoc Committee, citing potential conflicts of interest within ICSID.
For further insights into TSE:GBU stock, check out TipRanks’ Stock Analysis page.