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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: ICSID UPDATE

It's not Venezuela who is in control now, it is ICSID. The following item suggests we will not be waiting too long. Our (cryfq) experience having arbitrators appointed has not be conflicted and I expect we will have this vacancy filled in a timely matter.

Article 17

Filling Vacancies on the Commission

(1) Except as provided in paragraph (2) of this Article, a vacancy

resulting from the disqualification, death, incapacity or resignation of a

conciliator shall be promptly filled by the same method by which his

appointment has been made.

(2) In addition to filling vacancies relating to conciliators

appointed by him, the Chairman shall:

(a) fill a vacancy caused by the resignation, without the consent

of the Commission, of a conciliator appointed by a party; or

(b) at the request of either party, fill any other vacancy, if no

new appointment is made and accepted within 45 days of

the notification of the vacancy by the Secretary-General.

(3) In filling a vacancy the party or the Chairman, as the case may

be, shall observe the provisions of these Rules with respect to the

appointment of conciliators. Article 13(2) of these Rules shall apply

mutatis mutandis

to the newly appointed conciliator.

thelongrunner

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