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Gold/Mining/Energy : Aquiline Resources
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To: charred who started this subject10/15/2003 11:04:48 PM
From: Eva  Read Replies (1) of 276
 
IMA launches suit against Aquiline in Supreme Court

Aquiline Resources Inc AQI
Shares issued 17,781,521 Oct 14 close $0.95
Wed 15 Oct 2003 News Release
See (IMR) News Release
Mr. Joseph Grosso reports
LEGAL ACTION COMMENCED AGAINST AQUILINE
IMA Exploration has initiated a legal action in the Supreme Court of
British Columbia against Aquiline Resources claiming damages, an injunction
and costs for injurious falsehood, interference with contractual relations,
interference with economic interests, defamation, and negligence arising
out of the defendant's issuance and publication of a letter sent to IMA on
the same day that IMA was to have closed a bought-deal financing. As a
direct consequence of that letter, IMA's shares lost value and the
financing was cancelled.
The company will proceed with the planned exploration program on Navidad,
as well as other properties, as previously scheduled. IMA Exploration has a
strong treasury in excess of $4-million to finance its exploration
objectives.
WARNING: The company relies upon litigation protection for
"forward-looking" statements.
(c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com

Click here for company snapshot:
new.stockwatch.com
Click here for recent SEDAR documents:
new.stockwatch.com
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