14:59:03 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Stockport Exploration Inc
Symbol SPT
Shares Issued 88,653,128
Close 2016-12-01 C$ 0.03
Market Cap C$ 2,659,594
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Stockport sued over Crescent Lake finder's fee

2016-12-02 10:32 ET - Street Wire

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by Mike Caswell

Stockport Exploration Inc. is facing a lawsuit in the Supreme Court of British Columbia over a finder's fee on its option agreement for the Crescent Lake property in Ontario. A Vancouver entity called Amida Capital Partners claims that it made the introductions that led to the option, but received nothing for its work. It is seeking an appropriate fee.

Jim Megann
NWEST
Jim Megann

The allegations are contained in a brief notice of claim filed at the Vancouver courthouse on Nov. 25, 2016. In the notice, Amida explains that it made initial contact with Stockport on May, 30, 2016, through a website that carried information on mining companies. Within days, Amida had a finder's fee arrangement with Stockport president James Megann. Amida was to arrange a buyer for the Crescent Lake property, the suit states.

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