REGULATION

Brimstone lights new fire in spat

THE Penny’s Find joint venture imbroglio has moved into Western Australia’s Supreme Court, with Empire Resources (60%) subject to an injunction application from ‘delinquent’ partner Brimstone Resources seeking to block any moves under the JV agreement to move on Brimstone’s 40% interest.

Brimstone lights new fire in spat

Brimstone is claimed to owe Empire more than A$1 million, which Empire says was due for repayment by June 6.   It said Brimstone only paid up $80,000, leaving it apparently short $1.02 million.  ...

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