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NovaGold being sued by shareholder over Galore Creek disclosure

October 15, 2009 @ 7:07 am In Gold Market News

NovaGold Resources Inc. (TSX:NG) is being sued by a Canadian shareholder seeking more than $100 million for allegedly misrepresenting over Galore Creek copper-gold project in British Columbia.

An article at Canadian Press says:

The lead plaintiff, a retail investor who lives in Windsor, Ont., alleges that the defendants made public statements that were "untrue, inaccurate and misleading" when they were made at various times during the 15-month period.

Read the entire article [1]


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[1] Read the entire article: http://www.canadianbusiness.com/markets/headline_news/article.jsp?content=b144944428

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