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Jurisdiction Hearing Update

27th Dec 2013 07:00

RNS Number : 3735W
Churchill Mining plc
27 December 2013
 



27 December 2013

CHL: AIM

CHURCHILL MINING PLC

("Churchill" or "the Company")

 

Timing of Jurisdiction decision in the international arbitration claim against the Republic of Indonesia 

The Directors of Churchill Mining PLC (AIM: CHL) wish to provide an update on the expected timing of the decision or awards on the Republic of Indonesia's ("ROI") challenge to the arbitral tribunal's jurisdiction to hear claims for damages against ROI raised by Churchill and its wholly owned subsidiary Planet Mining Pty Ltd ("Planet") under the auspices of the International Centre for Settlement of Investment Disputes ("ICSID").

The Tribunal anticipates issuing its decision or awards on ROI's challenge to jurisdiction in late January or early February 2014.

Churchill will provide an update when the decision is received.

 

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 7796 8800

 

 

 

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