Montero seeks CAD$ 90,000,000 in Damages from the Tanzanian Government for Expropriation of the Wigu Hill project
Provided By Globe Newswire
Last update: Jul 28, 2022
TORONTO, July 28, 2022 (GLOBE NEWSWIRE) -- Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) provides an update on its fully funded arbitration proceedings against the United Republic of Tanzania (“Tanzania”) over the expropriation of the Wigu Hill Rare Earth Element Project before International Centre for Settlement of Investment Disputes’ (“ICSID”), part of the World Bank group.
