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Gold/Mining/Energy : PAW - Pacific Wildcat Resources Corp
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To: TreKewl who wrote (3114)12/1/2017 6:45:59 PM
From: Rocket Red   of 3422
 
which nullified Bear Creek's rights to operate at the Santa Ana project

30 mil just to operate so its not the same thing as stealing your 100 billion property away

VANCOUVER, Dec. 1, 2017 /PRNewswire/ - Bear Creek Mining Corporation (TSX Venture: BCM) announces that the Tribunal of arbitrators hearing the Company's Santa Ana arbitration claim (the "Arbitration") at the International Centre for the Settlement of Investment Disputes ("ICSID") has rendered an Award (the "Award") of approximately US$ 30.4 million in favor of the Company, which Award includes interest and arbitration costs (including attorneys' fees).

Anthony Hawkshaw, President and CEO of Bear Creek states, "With the Arbitration concluded, we look forward to accelerating the advancement of our Corani project in conjunction with the Government of Peru and the Corani communities."

The Arbitration was initiated by the Company in 2014 and arose from, among other things, the Peruvian Government's issuance of Supreme Decree 032 in June 2011, which nullified Bear Creek's rights to operate at the Santa Ana project. A comprehensive summary of the history of the Santa Ana dispute is provided in the Company's Annual Information Form dated April 19, 2017 (available at https://bearcreekmining.com/investors/annual-information-form/).
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