Welcome To The Canstar Resources Inc HUB On AGORACOM

Exploring For Gold and Base Metals

Free
Message: Vinland Appeals at last minute

Vinland Appeals at last minute

posted on Nov 23, 2009 08:15AM

I don't expect the NFL Supreme court to hear the appeal but I don't know how long they will take to make that decision. It won't take anywhere near as long as it would to go through the appeals process but it could easily take 2-3 months. Of course, that's only a guess.

Regards, Muffles The NR is below.


TORONTO, ONTARIO--(Marketwire - Nov. 23, 2009) - The directors of Canstar Resources Inc. (TSX VENTURE:ROX) wish to report that Vinland Resources Limited has filed a Notice of Appeal with the Newfoundland and Labrador Supreme Court (Trial Division) to the decision by the Mineral Rights Adjudication Board, dated October 23rd, 2009 on the Mary March property dispute. The Notice of Appeal is available for viewing on Canstar's website (www.canstarresouces.com).


Further information on the procedure, response and timing will be made public as soon as it becomes available.


The directors are currently reassessing plans to resume exploration on the property pending further information from the Newfoundland and Labrador government.


"The board of directors believes that the grounds for the appeal are erroneous and will confer with its legal counsel and the government with regard to further action by the Company," stated Harry Hodge, Canstar Chairman.


Canstar will provide shareholder's with an update on the situation as soon as the Company has made a full evaluation of the Notice of Appeal filed by Vinland.


On behalf of the Board of Directors


Harry J. Hodge, P.Eng.

Share
New Message
Please login to post a reply