00:24:09 EDT Mon 13 May 2024
Enter Symbol
or Name
USA
CA



St Elias Mines Ltd
Symbol SLI
Shares Issued 117,118,355
Close 2013-03-14 C$ 0.09
Market Cap C$ 10,540,652
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St. Elias dissidents deny defamation allegations

2013-03-13 13:51 ET - Street Wire

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by Mike Caswell

St. Elias Mines Ltd. dissidents Gilby and Darcy Hastman deny that they participated in a campaign of defamatory statements that targeted the company and its chief executive officer, Lori McClenahan. They say any damage the company suffered was its own doing.

The Hastmans are responding to a defamation case that St. Elias and Ms. McClenahan launched in the Supreme Court of British Columbia on Feb. 15, 2013. The suit complained about a defamatory campaign that included a number of anonymous forum posts co-ordinated with a news release that the Hastmans issued. The forum posts, one of which said that Ms. McClenahan should be in jail "right along side Bernie Madoff," left readers with the impression that Ms. McClenahan is corrupt, the suit claimed.

In their response to the suit, the Hastmans specifically deny that they had any role with the forum posts. They admit to writing a news release that criticized the company, but say the information in the release was accurate. They ask that the suit be dismissed.

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