Appeal of Former C.E.O. and Director Dismissed
14.04.2016 | FSCwire
Toronto, Ontario (FSCwire) - California Gold Mining Inc. (“CGM” or the “Company”) is pleased to announce that the appeal made by Martin Shefsky and his holding company to the Alberta Court of Appeal naming the Company and certain of its directors and a former director as respondents, has been dismissed. The application on which the appeal was based was originally commenced on December 23, 2013 and was dismissed by the Court of Queen’s Bench of Alberta on December 1, 2014.
A description of the history of the litigation can be found in the Company’s earlier press releases in late 2013 and early 2014.
About California Gold Mining Inc.
California Gold Mining Inc. is focused on developing its flagship Fremont gold project in Mariposa County, California. The project consists of a land package totaling 3,351 acres of historically producing gold mines. The Fremont Property lies within California’s prolific Mother Lode Gold Belt that has produced over 50 million oz of gold historically. The Company purchased the property in March 2013.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information contact:
Vishal Gupta
President and Chief Executive Officer
647-977-9267 x333
Website: www.caligold.ca
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/CaliGold04142016.pdf
Source: California Gold Mining Inc. (TSX Venture:CGM, OTCQX:CFGMF) http://www.caligold.ca
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