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An announcement from Gladiator Resources Limited ( (AU:USC) ) is now available.
US1 Critical Minerals Limited has provided a further update on Federal Court proceedings arising from a dispute with Stephen Baghdadi over certain rare earth elements tenements in California identified under its Apex USA Resources LLC agreement. Following a 23 December 2025 hearing, the Federal Court obtained an undertaking from Mr Baghdadi and Dateline Resources Limited, including its subsidiaries, not to encumber, deal with or otherwise alter the status of the disputed tenements without 14 business days’ prior written notice to US1 and Apex, or until further court order, and scheduled a five‑day trial to commence on 20 April 2026 to address the substantive issues in the dispute, providing greater short‑term certainty over the assets while the litigation proceeds.
More about Gladiator Resources Limited
US1 Critical Minerals Limited is an ASX- and OTCQB-listed resources company focused on identifying and developing rare earth elements (REE) tenements in the United States through an agreement with Apex USA Resources LLC, targeting potentially promising REE projects including assets in California.
Average Trading Volume: 3,590,791
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$8.95M
See more insights into USC stock on TipRanks’ Stock Analysis page.