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Altura Mining: Responds to Civmec’s (ASX:CVL) lawsuit | Fintech InShorts: Latest fintech news, analysis by experts

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Altura Mining: Responds to Civmec’s (ASX:CVL) lawsuit

By Steve Sam

July 20, 2020

Altura Mining: Responds to Civmec’s (ASX:CVL) lawsuit

Altura Mining (AJM) says it will vigorously defend itself after Civmec (CVL) launched legal action over unpaid work
Following in Civmec’s footsteps, Altura used today’s announcement to the ASX to label the lawsuit, launched in WA’s Supreme Court, as ‘disappointing’
Civmec is seeking $2.4M in payment, relating to the work it undertook at a processing plant for Altura’s lithium project
Then the two parties have been fighting over the project for years, with the lawsuit the latest chapter in the saga
Altura is confident in its position and will vigorously defend the proceedings, the company also stated
Altura shares are trading down 3.33 per cent to trade at 5.8 cents each

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