LionGold

LionGold: Refers to failed deal btwn co and Bass Metals. Bass Metals issued their annual report which asserts that LionGold has not met their obligations and is pursuing co for damages through legal action. Co is of the view that the termination of the agreement was not a breach of obligations due to conditions not being met. Co is unaware of any legal suit by bass currently but will defend against any litigation commenced against it.