Tue, June 16, 2009
Mon, June 15, 2009
Sun, June 14, 2009
Fri, June 12, 2009
Thu, June 11, 2009
Wed, June 10, 2009
Tue, June 9, 2009
Mon, June 8, 2009
Fri, June 5, 2009
Thu, June 4, 2009
Wed, June 3, 2009
Tue, June 2, 2009
Mon, June 1, 2009
Sun, May 31, 2009
Fri, May 29, 2009
Thu, May 28, 2009
Wed, May 27, 2009
Tue, May 26, 2009
Mon, May 25, 2009
Fri, May 22, 2009
Thu, May 21, 2009
Wed, May 20, 2009
Tue, May 19, 2009
Mon, May 18, 2009
Fri, May 15, 2009
Thu, May 14, 2009
Wed, May 13, 2009
Tue, May 12, 2009
Mon, May 11, 2009
Fri, May 8, 2009
Thu, May 7, 2009
Wed, May 6, 2009
Thu, April 16, 2009
Wed, April 15, 2009
Tue, April 14, 2009
Mon, April 13, 2009
Thu, April 9, 2009
Wed, April 8, 2009
Tue, April 7, 2009
Mon, April 6, 2009
Fri, April 3, 2009
Thu, April 2, 2009
Wed, April 1, 2009
Tue, March 31, 2009
Mon, March 30, 2009
Fri, March 27, 2009
Thu, March 26, 2009
Wed, March 25, 2009
Tue, March 24, 2009

Kinbauri Gold Corp.: Kinbauri Announces Legal Actions Against the Company


//stocks-investing.news-articles.net/content/200 .. announces-legal-actions-against-the-company.html
Published in Stocks and Investing on Wednesday, May 20th 2009 at 16:04 GMT, Last Modified on 2009-11-02 12:08:42 by Market Wire   Print publication without navigation


OTTAWA, ONTARIO--(Marketwire - May 20, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces that Jaguar Financial Corporation has commenced an application in the Ontario Superior Court of Justice against Kinbauri, its wholly-owned subsidiary, Kinbauri Espana S.L. ("Espana"), the directors of Kinbauri, Glen Eagle Resources Inc. ("Glen Eagle") (TSX VENTURE:GER) and Paradise Peaks Holdings, on the basis that the business and affairs of Kinbauri have been conducted in a manner that is oppressive, unfairly prejudicial to and unfairly disregards the interests of the shareholders of Kinbauri.

In addition, Orvana Minerals Inc. (TSX:ORV) has applied to the Ontario Securities Commission for orders under the Securities Act (Ontario): cease trading Kinbauri's proposed sale of 45% of Espana to Glen Eagle; cease trading Kinbauri's proposed private placement of up to 6 million units of Kinbauri; and ordering Kinbauri to disclose publicly the text of its binding letter of intent and agreements with Glen Eagle.

Kinbauri is currently reviewing the applications and will respond as soon as possible.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

FOR FURTHER INFORMATION VISIT:

Kinbauri Gold's Hub at [ http://www.agoracom.com/IR/kinbauri ] where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: [ www.kinbauri-gold.com ].

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.



Publication Contributing Sources

Similar Stocks and Investing Publications