Court Decision in the Eisler Estate litigation
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2019) - David H. Brett, President & CEO, EnGold Mines Ltd., (TSXV: EGM) ("EnGold" or the "Company") announces that the Supreme Court of British Columbia (the "Court") has rendered its decision (the "Decision") with respect to the trial for legal proceedings between the Company and the Estate of former CEO Irvin Eisler (the "Estate"). In the Decision, the Court found that the Estate was entitled to $72,500 in damages from the Company for wrongful dismissal. Further, the Company's counterclaim for disgorgement of funds by the Estate related to multiple alleged breaches of legal duties by the late Mr. Eisler was dismissed.
EnGold is a Vancouver-based copper/gold exploration company focused solely on its 100% owned Lac La Hache property in the Cariboo region of BC. The Spout Deposit, the Aurizon Gold Deposit and the 2017 G1 Copper Discovery, located within a 7-kilometer area on the property. With world class infrastructure at its doorstep, Lac La Hache is a great location to be exploring. EnGold's corporate philosophy rests on three interdependent pillars: Environment, Engagement and Gold. Through sound environmental stewardship, commitment to transparent engagement with local communities, the Company is dedicated to driving exceptional shareholder and stakeholder value by fulfilling its vision to profitably supply valuable and much needed metals to the global marketplace.
EnGold Mines Ltd.
President & CEO
For further info contact David Brett, 604-682-2421 or firstname.lastname@example.org
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