Orea Update on Renewal of Montagne d'Or Concessions; French Supreme Court Sends Ruling Back to Court of Appeals
VANCOUVER, BC, Nov. 22, 2023 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) announces that the Supreme Court of France (Conseil d'État) has sent the ruling concerning the renewal of the Montagne d'Or mineral titles back to the Court of Appeals.
- VANCOUVER, BC, Nov. 22, 2023 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) announces that the Supreme Court of France (Conseil d'État) has sent the ruling concerning the renewal of the Montagne d'Or mineral titles back to the Court of Appeals.
- Orea and its legal advisors remain confident of a positive outcome for Orea and its shareholders, however the timeline of a conclusive ruling cannot be reasonably predicted.
- In October 2021, Orea announced that the government exercised its right to request a final appeal to the Supreme Court of France.
- The request was admitted in October 2022, and the Supreme Court made a recent ruling as outlined above.