12:51:57 EDT Mon 25 Oct 2021
Enter Symbol
or Name

Petaquilla Minerals Ltd
Symbol PTQ
Shares Issued 236,615,875
Close 2014-10-29 C$ 0.055
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Petaquilla sued over drill core storage bill

2014-10-29 13:00 ET - Street Wire

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by Mike Caswell

Petaquilla Minerals Ltd. is facing a $110,947 lawsuit in the Supreme Court of British Columbia over the storage of many pallets of drill core. WestCoast Mineral Storage Inc. of Aldergrove claims that it has been holding Petaquilla's drill core and other things since 2008, but the company has not paid its bill since November, 2012. The suit seeks a court order that will obligate Petaquilla to pay for the disposal of its property plus the unpaid storage fee.

Core Storage
Core Storage

The allegations are contained in a brief notice of claim that WestCoast filed on Monday, Oct. 27, at the Vancouver courthouse. The lawsuit identifies WestCoast as the operator of a specialized warehouse in Aldergrove. According to the suit, Petaquilla has been storing many pallets of material at the warehouse since Dec. 12, 2008, at a cost of $50 per pallet. The stored material includes sample core, pulps, rejects and equipment.

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