CROWFLIGHT MINERALS INC. ("Crowflight" or the "Company") (TSX: CML) announced that Dumas Contracting Ltd. ("Dumas"), the former mining contractor of the Company, has filed a statement of claim for the amount of $7,128,383.01 against Crowflight.
Dumas has also placed a lien on the Company's Bucko mine. The Company will defend the claim because significant amounts of the claim are in dispute. While pending a judicial resolution or settlement of the matter, all of the amounts claimed have been or will be accrued and disclosed on the Company's financial statements. Crowflight is currently seeking additional financing in order to bring all valid payables current. The outcome of the lawsuit is not currently determinable.
