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Jurisdiction Hearing Update

18 Feb 2014 07:00

RNS Number : 3105A
Churchill Mining plc
18 February 2014
 



18 February 2014

CHL: AIM

CHURCHILL MINING PLC

("Churchill" or "the Company")

 

Further update re timing of Jurisdiction decision in the international arbitration claim against the Republic of Indonesia

Further to the Company's announcement of 27 December 2013 that the Tribunal, constituted under the auspices of International Centre for Settlement of Investment Disputes ("ICSID"), had notified the Company that it anticipated issuing its ruling on jurisdiction in late January or early February 2014, the Company wishes to advise that as of this morning it has not received the Tribunal's ruling.

The Company's lawyers Quinn Emmanuel Urquhart & Sullivan, LLP are in the process of contacting the Secretary of the Tribunal to request an updated timeframe for the issuance of the Tribunal's ruling on the Republic of Indonesia's jurisdictional challenge.

Churchill will provide an update as soon as it has further information as to the timing of the Tribunal's ruling.

 

END

For further information, please contact:

Churchill Mining plc

Nicholas Smith

Russell Hardwick

+ 61 8 6382 3737

Northland Capital

Partners Limited

Luke Cairns/Edward Hutton

+44(0)20 7382 1100

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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