trending Market Intelligence /marketintelligence/en/news-insights/trending/SD_ULTXw8JwLgielUNbrHg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

ALX Uranium faces lawsuit as Galena claims right to buy Mikwam gold property

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020


ALX Uranium faces lawsuit as Galena claims right to buy Mikwam gold property

ALX Uranium Corp. said Oct. 5 that it has set up a special committee to deal with litigation started by Galena International Resources Inc. in which the latter claims the right to buy ALX's Mikwam gold property in Ontario.

The company announced in August that it signed a letter of intent to sell Mikwam to Galena. ALX did not clarify why Galena is now claiming that ALX is obliged to sell the property.

As ALX Chairman Michael Gunning is also a director of Galena, he has resigned as ALX chairman and director due to the conflict of interest.