Hornby Bay Receives Statement of Claim
11 Maio 2010 - 12:15PM
Marketwired Canada
Hornby Bay Mineral Exploration Ltd. (TSX VENTURE:HBE) (the "Company") has
received a Statement Claim filed by Bellmin Inc. ("Bellmin") a corporation
controlled by an associate of George Bell, former President and Chief Executive
Officer of the Company, alleging, among other things, the breach by the Company
of the terms of a consulting agreement between the Company and Bellmin and the
default of payment under a promissory note in favour of Bellmin.
The Company is currently reviewing its corporate records in connection with the
claim and intends to vigorously defend against this action.
This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements.
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