Mineworx Technologies Ltd (TSXV: MWX)(OTCQB: MWXRF) CEO Interview | RICH TV LIVE

2 years ago
69

Mineworx Technologies Ltd (TSXV: MWX)(OTCQB: MWXRF) CEO Interview | RICH TV LIVE - February 17, 2022 - #mineworxtechnologies #interview #richtvlive #ceo #trading #stocks #mining #metals #education #entertainment #business #news #finance
Mineworx Technologies Ltd . (the “ Company ” or “ Mineworx “) (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) is pleased to announce the recent decision of the Supreme Court of British Columbia (the “Court”) in the ongoing legal proceedings between Mineworx and EnviroMetal Technologies Inc. (“EnviroMetal”).
The Court declined to grant the broad-ranging injunctive relief which had been sought by EnviroMetal and instead granted limited relief that only restricts the Company’s ability to disclose specific information to third parties.

EnviroMetal sought to have Mineworx restrained from any use of information which EnviroMetal claimed was confidential and proprietary in its operations. Mineworx defended the injunction application on numerous grounds, and the Court refused to grant such broad relief to EnviroMetal. The limited relief granted by the Court, which is not permanent, is consistent with an alternative proposal which was put forward by Mineworx and its legal counsel.

Mineworx disputes the EnviroMetal alleged claim of confidential information in the court action and has counterclaimed for relief against EnviroMetal. In coming to its decision, the Court recognized that Mineworx had viable arguments that needed to be resolved at trial.

Mineworx was the sole party to tender expert evidence in relation to the nature of the alleged confidential and proprietary information and the Company anticipates providing further expert evidence in support of its positions at trial.

Mineworx assessment is that the interlocutory decision will have no impact on its work involving the pilot plant currently located in Tennessee and as the Company continues to move forward with the development of its catalytic converter business.

Greg Pendura, Mineworx President and CEO stated “Mineworx is pleased with the ruling as the judge rejected various relief requests that EnviroMetal had been seeking and we believe that this bodes well for Mineworx as the lawsuit proceeds.”

About Mineworx

Mineworx is positioned for growth in the catalytic converter sector through the development and commercialization of its environmentally friendly processing technologies for the recovery of precious metals. Initial focus is the extraction of platinum and palladium from diesel catalytic converters with its partner Davis Recycling Inc. For further information go to www.mineworx.net

JOIN RICH TV LIVE TRADING CLUB HERE - http://www.richpicksdaily.com

Subscribe - https://www.youtube.com/c/RICHTVLIVE
Visit - www.richpicksdaily.com a community for stocks, cryptocurrency, news, and trending topics. #richtvlive #richpicksdaily #stocks #business #news #finance #education #entertainment #money #defi #nft #metaverse #trading #stockmarket

Popular Uploads - https://goo.gl/tbvXGg
Most Recent Upload - https://goo.gl/unKXBy
YouTube Channel Page - https://goo.gl/yUdG7w
Subscribe - http://www.youtube.com/c/RICHTVLIVE
Rich TV Live Playlist - https://goo.gl/e116JF
RICH TV LIVE TOP 10 STOCKS Playlist - https://www.youtube.com/playlist?list=PLiBGEhbXkQPCfeYmBKHyXXu8dZc3YkkbW&disable_polymer=true

Disclaimer

RICH TV LIVE INC. company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in RICH TV LIVE reports company profiles or other investor relations materials and presentations are subject to change. RICH TV LIVE and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. RICH TV LIVE INC. sponsored $2500 CAD for digital video services.

Investing is inherently risky. RICH TV LIVE is not responsible for any gains or losses that result from the opinions expressed on this website, in its research reports, company profiles or in other investor relations materials or presentations that it publishes electronically or in print.

We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov/Canadian CSA https://www.securities-administrators.ca/.

Loading comments...