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Red Rock’s arbitration over DRC asset continues

Creamer Media Reporter
Natural resource development company Red Rock Resources says in an asset review and current developments update to shareholders that arbitration is continuing in the Democratic Republic in Congo (DRC), with the outcome unknown. “As many will know, we recently returned from a trip to the DRC of over six weeks, the primary purpose of which was to participate in arbitration proceedings in Kinshasa where we are pursuing claims to our share of the sale proceeds of the key assets of a joint venture, which were disposed of without our knowledge,” chairperson Andrew Bell says.

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