13:39:00 EDT Thu 21 Jun 2018
Enter Symbol
or Name

Curis Resources Ltd
Symbol C : CUV
Shares Issued 56,307,142
Close 2012-06-05 C$ 0.65
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Curis sues Stockhouse user "erinG" after stock drops

2012-06-06 13:50 ET - Street Wire

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by Mike Caswell

Curis Resources Ltd. has filed a lawsuit in the Supreme Court of British Columbia against Stockhouse user "erinG" over posts that the company sees as "defamatory and injuriously false." The posts stated that Curis had been unable to obtain an environmental permit for its flagship Florence copper project in Arizona, and that management had failed to report the rejection. The posts contributed to a drop of as much as 27 per cent in the company's price, according to the suit.

The allegations are contained in a notice of claim that Curis filed at the Vancouver courthouse on Thursday, May 31. In it, the company complains about a series of posts that appeared in May, 2012, which referred to troubles the company was having obtaining a permit from the Arizona Department of Environmental Quality.

The first post, dated May 7, stated: "Just last week, Arizona Department of Environmental Quality rejected Curis' most recent application for an APP permit. This is their second failed attempt at securing the much needed permit from ADEQ." The company says the post left readers with the false impression that the company had been twice rejected for an aquifer protection permit.

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