EMC Makes A $8 Million Offer To Acquire The Nyngan Scandium Project

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    • Jan 2009
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    EMC Makes A $8 Million Offer To Acquire The Nyngan Scandium Project

    (PR-inside.com) Reno, Nevada US, October 30, 2012 /FSC/ - EMC Metals Corp.(the "Company" or "EMC") (TSX: EMC),reported on October 1, 2012 that a court-ordered mediation held in late September between EMC and Jervois Mining Ltd. (Jervois), related to the ongoing dispute over the Nyngan Scandium Project, did not result in a settlement. The litigation in the Victorian Supreme Court therefore continues, and a trial date has been set for 4 February 2013. EMC announces today that it has made an open and unsolicited offer to Jervois to acquire 100% of the Nyngan Scandium Project (the "Offer") and settle the outstanding litigation ..

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