Anthem Files Claim Against Province of British Columbia Seeking Damages for Expropriation of Uranium Interests
07 März 2014 - 11:16PM
Marketwired
Anthem Files Claim Against Province of British Columbia Seeking
Damages for Expropriation of Uranium Interests
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 7, 2014) -
Anthem Resources Inc. (TSX-VENTURE:AYN)(OTCQX:VAERF) ("Anthem" or
the "Company") reports that it filed a lawsuit in the Supreme Court
of British Columbia against the Province of British Columbia (the
"Province of B.C."). The statement of claim alleges that the
Province of B.C. has prevented the Company from exploring for,
developing or producing uranium and thorium from its interests in
the Blizzard Claims and the KET/REN Claims by imposing a Uranium
and Thorium Reserve under the Mineral Tenure Act on April 24th,
2008, and in prohibiting the issuance of permits for uranium and
thorium exploration by the Chief Inspector of Mines under the Mines
Act by Order in Council #208 on March 12, 2009.
The statement of claim seeks damages and/or compensation for the
de facto expropriation or taking or extinguishing its
rights, title and interests of the Blizzard and KET/REN Claims, for
expenses incurred in relation to the Claims and thrown away as a
result of the expropriation, for disturbance to the Company's
business in relation to the Claims as a result of the
expropriation, costs and interest, and such further and other
relief as to the Court may seem just.
The Company has been trying in good faith to settle this matter
with the BC Government for several years without any progress.
Given that the time limit for such a suit was approaching, the
Company believed it prudent to file this claim.
The full statement of claim is available under the Company's
profile at www.sedar.com and on the Company website at
www.anthemresourcesinc.com.
About Anthem Resources
Anthem Resources Inc. is a Canadian exploration company, which
holds a number of uranium properties, joint ventures and royalty
interests. Anthem also owns a portfolio of securities with a market
value of approximately $5.5 million. Anthem's business plan is to
continue to grow shareholder value through its participation in
exploration projects throughout North America.
On Behalf of the Board of Directors of ANTHEM RESOURCES INC.
Walter Coles Jr., President & CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Anthem Resources Inc.Walter Coles, Jr.President/CEO(604)
568-7709(604) 669-2543www.anthemresourcesinc.comAnthem Resources
Inc.Tony PerriInvestor Relations, Manager(604) 568-7709(604)
669-2543www.anthemresourcesinc.com
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