Almadex Minerals ( (TSE:DEX) ) just unveiled an update.
Almadex Minerals Ltd. has filed a memorial submission for an international arbitration claim against Mexico under the CPTPP, following Mexico’s actions that led to the loss of the Ixtaca precious metals project. The claim, pursued with Almaden Minerals Ltd., seeks US$1.06 billion in damages, alleging unlawful expropriation and discrimination by Mexico. The arbitration is managed under a Litigation Management Agreement, with Almaden bearing initial costs and securing funding for the proceedings.
More about Almadex Minerals
Almadex Minerals Ltd. operates in the mining industry, focusing on precious metals projects. The company holds interests in projects and royalties, primarily targeting the development and exploration of mineral resources.
YTD Price Performance: 49.17%
Average Trading Volume: 30,807
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.28M
Learn more about DEX stock on TipRanks’ Stock Analysis page.