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BRIEF-Atrum Coal updates on litigation settlement with former founders, BC Anthracite

Published 14/07/2016, 11:16 am
BRIEF-Atrum Coal updates on litigation settlement with former founders, BC Anthracite
ATU
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July 14 (Reuters) - Atrum Coal NL ATU.AX :

* Litigation settlement details ATU.AX

* Atrum settles Western Australia supreme court and federal court proceedings

* Pleased to announce that all litigation with the former founders and BC

ANTHRACITE has ceased"

* Atrum and Bc Anthracite to negotiate cooperation agreement for the joint

development of infrastructure in the groundhog region

* Agreed no liability settlement reached in Western Australia supreme court,

federal court of Australia proceedings, which will be dismissed by consent"

* Refers to legal proceedings involving former directors moran and d'anna

* Bc Anthracite grants royalty over 31 of its tenements to Atrum"

* Source text for Eikon ID:nASX4Kjtv8

*

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