Fortuna Provides an Update on the Status of Disputed Royalty at the San Jose Mine
Fortuna Mining Corp. Common Shares (FSM)
Last fortuna mining corp. common shares earnings: 3/11 06:56 pm
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Source: GlobeNewswire
VANCOUVER, British Columbia, March 05, 2020 (GLOBE NEWSWIRE) -- Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) is pleased to provide an update on the status of the legal proceedings related to a disputed royalty on one of its extracting mining concessions at the San Jose Mine, located in Oaxaca, Mexico. In early February 2020, the Company initiated legal proceedings against the Dirección General de Minas (“DGM”) to contest the procedure taken by the DGM to cancel one of its mining concessions if the disputed royalty plus VAT is not paid before March 15, 2020 (refer to Fortuna news release dated January 29, 2020). The District Court in Mexico City admitted the Company’s legal proceedings and on March 2nd 2020 also granted a permanent stay of execution, which protects the Company from the cancellation of the concession until a resolution by the Court is reached on the legality of the cancellation procedure. The timing of a decision by the Court at first instance in this action
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FSM
Earnings
- 11/6/24 - Beat
FSM
Sec Filings
- 11/7/24 - Form 6-K
- 10/22/24 - Form 6-K
- 10/10/24 - Form 6-K
- FSM's page on the SEC website