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Guardian Exploration Faces Legal Counterclaim from Site Exploration

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Guardian Exploration Faces Legal Counterclaim from Site Exploration

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The latest update is out from Guardian Exploration ( (TSE:GX) ).

Guardian Exploration Inc. announced that Site Exploration Mining Company, along with David Ransom and Cameron Petricevic, have filed a counterclaim against them, seeking $3.3 million in damages. Guardian considers the claims to be without merit and has responded with a statement of defense, indicating that the legal proceedings could have implications for its ongoing operations and financial standing.

More about Guardian Exploration

Guardian Exploration Inc. is a company listed on the TSX Venture Exchange, engaged in the business of oil, gas, and mineral exploration and development. Its key projects include the Mount Cameron Property in the Yukon’s Mayo Mining District and the Kaigani claims in Southeast Alaska, USA.

Average Trading Volume: 12,955

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$5.2M

Learn more about GX stock on TipRanks’ Stock Analysis page.

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