General Moly Announces Engagement of King & Spalding to Pursue Available Remedies Under Purchase Agreement for Amer Default

Author's Avatar
Aug 28, 2019
Article's Main Image

LAKEWOOD, CO / ACCESSWIRE / August 28, 2019 / General Moly, Inc. (the “Company”) (NYSE American:GMO) (TSX:GMO, Financial), the only western-exchange listed, pure-play molybdenum mineral development company, announced today that it has engaged King & Spalding, widely recognized as one of the world’s leading law firms in international arbitration and litigation, to represent the Company in its dispute against Amer International Group Co., Ltd. (“Amer”) for Amer’s default under the amended Investment Securities Purchase Agreement (“Agreement”). (See News Release dated July 31, 2019.)