Did not believe it but found out it is true. They are suing again!
Ungava Minerals Corp.'s Subsidiary Files Motion in Quebec to Commence Litigation
TORONTO, ONTARIO -- (MARKET WIRE) -- August 11, 2006 -- Ungava Minerals Corp. (the "Company")(Pink Sheets:UGVAF) wishes to announce that its subsidiary, Ungava Minerals Exploration Inc., UMEI, has filed a motion in Quebec Superior Court to commence litigation against six parties. The claims to be made against the parties relate to trespasses onto UMEI's Ungava Property in the years 1998 to 2000, the making and publication of a false Report respecting a discovery of mineralization made as a result of the 1998 trespass, concealment from UMEI of valuable material information regarding the Ungava Property, fraud, perjury and the production of an altered document in the course of the 2002 arbitration to which the Company, UMEI and Canadian Royalties Inc were parties.
The text of the Motion, without Exhibits, will be attached to the Company's Material Change Report to be filed in connection with this press release.
This news release contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause the Company's results to differ materially from expectations. These include risks relating to market fluctuations, investee performance and other risks. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.
Issued and Outstanding: 25,596,610 Common Shares
Contacts:
Ungava Minerals Corp.
Lorne H. Albaum
President
(416) 304-1932
SOURCE: Ungava Minerals Corp. |
