Tag: Share allotments
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High Court Cancels Mining Shares Allotments in $4.3 Million Dispute
Key ruling: Shares invalidated in a $4.3 million mining deal The High Court has ordered the removal of several investors from the share register of DGL Investments Number Five (Pvt) Ltd, in a decision that imperils a lucrative but contentious mining investment tied to a 2017 agreement. The ruling centers on how shares were issued…
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Mining shares allotments cancelled in US$4.3 million deal fight
High Court Intervenes in $4.3 Million Mining Deal Dispute The High Court has entered a decisive stage in a contentious mining investment dispute, ordering key investors to be removed from the share register of DGL Investments Number Five (Pvt) Ltd. The ruling targets shares that were allegedly issued unlawfully, breaching a 2017 mining investment agreement…