08:51:08 EDT Fri 26 Apr 2024
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Highbank Resources Ltd
Symbol HBK
Shares Issued 82,155,929
Close 2014-06-24 C$ 0.21
Market Cap C$ 17,252,745
Recent Sedar Documents

Highbank files counterclaim against MOAG, directors

2014-06-24 22:58 ET - News Release

Mr. Victor Bryant reports

HIGHBANK FILES COUNTERCLAIM AND MOAG ADJOURNS SUMMARY TRIALAPPLICATION

Further to the news release dated May 30, 2014, Highbank Resources Ltd. has filed a counterclaim against MOAG Copper Gold Resources Inc. and its directors, Bradley L. Jones and Gary Brown, alleging breach of contract and fiduciary duties and seeks the return of the six million Highbank common shares released to MOAG, accounting for the profits from the sale of the six million shares, interest, costs of the action and other damages.

The summary trial application filed by MOAG's counsel will not be proceeding June 25, 2014.

We seek Safe Harbor.

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