Platinum Diversified Mining, Inc.

Tucson, AZ: (Mar-08-07) A settlement was reached between Nord Resources Corporation and Platinum Diversified Mining (PDM) regarding lawsuits arising from the failure of a merger to close. The merger agreement contemplated the acquisition of Nord by PDM in an all-cash merger transaction which did not take place jeopardizing Nord's reputation. The settlement involves the PDM Parties agreeing to pay Nord a sum of $3.6 million in full and final settlement of all claims and disputes between the parties. [PRIME NEWSWIRE: MERGER AGREEMENT]

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.
Published on Mar-12-07