Mr. John Gravelle reports
COLT RESOURCES DISCLOSES CLASS ACTION FILING
A statement of claim dated July 14, 2017, has been filed with the Ontario Superior Court of Justice against Colt Resources Inc. and its former chief executive officer and chief financial officer regarding a proposed class action lawsuit. The statement of claim seeks permission of the court to commence a class action proceeding for alleged misrepresentations in the company's public disclosure in 2016 and other matters.
The company intends to vigorously defend the claim.
About Colt Resources Inc.
Colt Resources is a Canadian mining exploration and development company engaged in acquiring, exploring and developing mineral properties with an emphasis on copper and gold.
We seek Safe Harbor.
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