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Bonterra Resources Inc (3)
Symbol C : BTR
Shares Issued 46,449,086
Close 2019-05-14 C$ 1.65
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Bonterra asks judge to throw out Dhaliwal's lawsuit

2019-05-15 09:37 ET - Street Wire

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by Mike Caswell

Bonterra Resources Inc. has asked that the courts throw out a $2.18-million lawsuit that it faces in the Supreme Court of British Columbia from former president Nav Dhaliwal and former director Richard Dale Ginn. The suit stems from termination fees that Bonterra denies owing. The company says that resignation agreements the men entered contained no term that would compel such a payment.

The statements from Bonterra come in response to a lawsuit that Mr. Dhaliwal and Mr. Ginn filed on April 8, 2019, at the Vancouver courthouse. The men claimed that they had agreements specifying that the company would pay them $1.09-million each after they resigned. The company's failure to pay amounted to a breach of their resignation agreements, the men said. They sought a court order compelling payment.

Nav Dhaliwal
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Nav Dhaliwal

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