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Gabriel Resources Challenges Romania’s License Denial

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Gabriel Resources Challenges Romania’s License Denial

Gabriel Resources (TSE:GBU) has released an update.

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Gabriel Resources Ltd. has filed a notice of dispute against Romania after being denied an extension for its Roşia Montană mining license, a decision they view as arbitrary and contrary to the country’s law. The company emphasizes the decision undermines their established investment rights and indicates a willingness to enter high-level negotiations with the Romanian government for a resolution.

For further insights into TSE:GBU stock, check out TipRanks’ Stock Analysis page.

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