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Summit drops legal action

SUMMIT Resources has “amicably” settled legal proceedings out of court with Newland Resources over the Georgina Basin uranium joint venture, and has dropped its case against former managing director Alan Eggers.

MiningNews.Net

After market close yesterday, Summit announced the proceedings against Newland had been discontinued on the basis that the Heads of Agreement (HoA) between both parties will be amended. Summit - which...

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