21st Nov 2013 11:32
LONDON (Alliance News) - HaloSource Inc Thursday said it had reached a "mutually beneficial" settlement with Molycorp Minerals LLC on all pending claims the companies had against each other.
The water purification company didn't provide any further details.
The two companies had sued and counter-sued in the court of the District of Colorado alleging breach of contract, misappropriation and disputed ownership of certain intellectual property related to water purification.
Halosource shares were down 8.1% at 17 pence Thursday morning.
By Steve McGrath; [email protected]; @stevemcgrath1
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