AIM Resources-North Sound Agree to End Litigation
02 7월 2008 - 5:15PM
UK Regulatory
RNS Number : 1067Y
AIM Resources Limited
02 July 2008
AIM RESOURCES LIMITED
2 JULY 2008
AIM AND NORTH SOUND AGREE TO END LITIGATION
AIM Resources Limited ("AIM Resources" "the Company") (ASX:AIM;AIM:AIMR) today announced that it has resolved the litigation which North
Sound Legacy International Ltd ("North Sound") commenced late last year in the Federal Court of Australia against AIM Resources, seeking
access to certain books and records of AIM Resources.
Recently, AIM Resources has announced a number of significant management changes and has also achieved a major milestone in the
development of the Perkoa Zinc Project in Burkina Faso, through the commencement of the underground decline. As noted in AIM Resources'
announcement to the AIM Market on 21 May 2008, this marks a key transition as the project develops into a mine.
In recognition that the interest of AIM Resources and its shareholders are best served by allowing the Company to focus on continuing to
meet its goals, North Sound and AIM Resources have agreed to terminate the litigation with immediate effect.
Should you require further information please contact:
Bill Cash
Managing Director
Ph: + 61 2 9357 9000
Fiona Owen
Grant Thornton UK LLP
Ph: +44 20 7383 5100
www.aimresources.com.au
This information is provided by RNS
The company news service from the London Stock Exchange
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