Skeena Says BC Court Of Appeal Overturned Decision Of Chief Gold Commissioner And Supreme Court Of British Columbia Regarding Albino Lake Storage Facility
Portfolio Pulse from Benzinga Newsdesk
The British Columbia Court of Appeal has overturned previous decisions by the Chief Gold Commissioner and the Supreme Court of British Columbia regarding Skeena Resources' rights to the Eskay Creek Material at the Albino Lake Storage Facility. The case will be reheard by the current Chief Gold Commissioner.
July 05, 2024 | 3:01 pm
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The British Columbia Court of Appeal has overturned previous decisions that were unfavorable to Skeena Resources regarding its rights to the Eskay Creek Material. This development is likely to be seen as positive for Skeena Resources as it reaffirms their claim and sends the matter back for reconsideration.
The Court of Appeal's decision overturns previous rulings that were against Skeena Resources, which is likely to be viewed positively by investors. The matter being sent back for rehearing provides an opportunity for a more favorable outcome for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100