Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
A shareholder has this morning filed a court petition against Vancouver-based Barkerville Gold Mines Ltd. (TSX-V:BGM), which has attracted market and regulator skepticism in recent months over an alleged massive gold discovery.
The company was cease traded in August after the BC Securities Commission rejected the technical report that the company had filed, purporting to substantiate Barkerville’s gold discovery at its Cow Mountain deposit.
This morning, Barkerville announced that shareholder Rex Harbour had filed a petition in BC Supreme Court against the company and Frank Callaghan (pictured), Barkerville’s president and CEO. According to the company, the petition asks the court to:
Barkerville said the petition is expected to be heard on January 7, 2013, subject to court availability.
“The petition by Mr. Harbour,” the Barkerville statement says, “is without merit or standing and the company intends to vigorously defend such petition.”
In September, Barkerville announced that the BC Registrar of Companies had granted it an extension on its annual general meeting (AGM) timing, allowing the company to hold its AGM up until May 26, 2013.
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