TORONTO, July 11, 2024 /CNW/ – The Ontario Superior Court of Justice approved class action settlements, one for C$1 million and another for US$3 million, to resolve all claims asserted on behalf of persons who:
- purchased Gatos Silver securities under Gatos Silver's Impugned Prospectuses filed in October 2020 and July 2021 and in the distributions to which they related; or
- acquired Gatos Silver securities during the period from October 28, 2020 until January 25, 2022 at 6:52 p.m. Eastern Standard Time ("Class Period") on any Canadian exchange or Canadian alternative trading system.
The settlement is a compromise of disputed claims and is not an admission of liability or wrongdoing by the defendants.
To be eligible to obtain compensation from the settlement, Settlement Class Members must submit a Claim Form to the Administrator at cdngatossettlement.com by October 30, 2024.
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