Boss Power Lawsuit Against Province of B.C. Will Proceed to Trial
27 Enero 2011 - 9:58AM
Marketwired
Boss Power Corp. (TSX VENTURE: BPU) reports that lawsuit against
the Province of British Columbia with regard to the Blizzard
Uranium Property will proceed to trial in British Columbia Supreme
Court October 3rd, 2011. Twenty-four days have been set aside for
the trial.
On October 16th, 2008, the Company filed a statement of claim
alleging that the Province had, by imposing a Uranium and Thorium
Reserve under the Mineral Tenure Act, prevented the company from
exploring for or producing uranium or thorium from the Blizzard
Uranium Property and that the Province had expropriated the
Company's interest in the Property. The Company has added an
additional claim against the Province for Misfeasance in Public
Office premised upon the refusal by the Province to process the
Company's Notice of Work applications for a diamond drill program
which may have then warranted application being made to federal
authorities for the development of a mine on the Blizzard site.
The Province has admitted in court filings made on December
20th, 2010 that certain senior officials in the former Ministry of
Energy Mines and Petroleum Resources did in fact unlawfully
interfere with the statutory authority of the Chief Inspector of
Mines by ordering him not to consider the Boss Power Corp.
application for permits and that approval for the work was not to
be granted.
Boss Power Corp.'s President and CEO Randy Rogers noted: "The
presentation of the evidence we have gathered in support of the new
cause of action and documents yet to be produced by the Province
concerning the admitted misconduct will require a longer trial than
originally contemplated. The new trial date will allow the Company
to fully present our claims for compensation and damages suffered
by the Company from both the expropriation of the Blizzard Uranium
Property in 2008 and the conduct of the Province in interfering
with our exploration permit application."
On Behalf of the Board of Directors
BOSS POWER CORP.
Randy Rogers, M.Sc., P.Geol., President & CEO
Neither TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Contacts: Boss Power Corp. Randy Rogers, M.Sc., P.Geol.
President & CEO 250-558-8952 r.rogers@bosspower.ca Boss Power
Corp. Tony Perri Investor Relations, Manager 604-688-8115
www.bosspower.ca
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