Indiana Resources Limited (GDM.F)

Montero Provides Update on CAD$ 90 million ICSID Arbitration Claim against the Government of Tanzania

TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Montero Mining and Exploration Ltd. (TSXV: MON) (“Montero” or the “Company”) provides an update on the arbitration proceedings against the United Republic of Tanzania (“Tanzania”) over the expropriation of the Wigu Hill rare earth element project (“Wigu Hill”) before the International Centre for Settlement of Investment Disputes (“ICSID”). On November 3rd, 2023, the arbitral Tribunal issued Procedural Order No 3 accepting Montero’s request to open the f