Avz company12/4/2023 ![]() AVZI filed its Reply to Dathomir's counterclaims on 24 February 2023 in ICC Case No.Dathomir has filed its Answer and Counterclaims in respect of both proceedings on 18 January and 27 February 2023.The status of the Dathomir proceedings is as follows: ![]() The Company and AVZI lodged claims against Dathomir Mining SARL (Dathomir) with the ICC to affirm AVZ's acquisition in August 2021 of a 15% interest in Dathcom from Dathomir under the Dathomir SPAs and to put an end, once and for all, to Dathomir's claims and to recover losses sustained from them. It should be noted that this does not finally determine whether the sale of shares from Cominiere to Jin Cheng was effective, which will remain to be determined in separate proceedings. An award on jurisdiction can reasonably be expected to be handed down mid-2023. the hearing on jurisdiction will take place on 19 - 20 April 2023.ĪVZI remains of the view that its jurisdictional challenge will be successful, which will affirm that Jin Cheng does not have the right to instigate the ICC arbitration proceedings against AVZI under the Dathcom Joint Venture Agreement (JVA), since it is not a party to the Dathcom JVA.Jin Cheng will submit a rejoinder on jurisdiction on 22 March 2023 and.on 9 December 2022, Jin Cheng submitted its Statement on Jurisdiction and AVZI submitted its Reply on Jurisdiction on 10 March 2023.on 5 October 2022, the sole arbitrator upheld AVZI's application to bifurcate proceedings, noting that the document production phase was completed on 22 February 2023.The status of the Jin Cheng proceedings is as follows: The Company currently defends a case in the ICC brought against its subsidiary AVZ International Pty Ltd ("AVZI") by Jin Cheng Mining Company (Jin Cheng), a subsidiary of Zijin Mining Group Company Limited (Zijin) regarding a 15% interest Jin Cheng purportedly acquired from La Congolaise d'Exploitation Miniere (Cominiere) in Dathcom. The Company believes it is under besiegement by non-state actors who intend to unlawfully acquire, for themselves and/or other third parties, an interest in the Manono Project and continues to take all necessary actions to resist these vexatious and meritless claims and to protect its and Dathcom's interests. The Company has considered the cases before the ICC in detail and considers them to be spurious in nature, without merit, containing fundamental and material errors, and having no substance or foundation in fact or law. Hear from some of the nation’s top healthcare leaders as they share successes, lessons learned and innovative strategies from their own hybrid care programs.Įxplore ways in which the Amwell Converge™ platform can bring your existing ecosystem of virtual, automated, and in-person services and solutions together into one single, integrated, member-centric experience.Arbitration Proceedings Update and Interim Financial Report ClarificationĪVZ Minerals Limited (ASX: AVZ, OTC: AZZVF) (AVZ or Company) provides an update regarding the arbitration proceedings before the International Chamber of Commerce in Paris (ICC), with respect to the Company's legal rights to a 75% interest in Dathcom Mining SA (Dathcom), the entity under which the Manono Project is held, and its preemptive rights over 15% out of Cominiere's 25% interest, whilst also clarifying a typographical error that appeared in its Interim Financial Report which was released as an ASX Announcement on 16 March 2023. ![]() Learn how we are helping our clients to attract and retain patients. ![]() Learn how we are helping our clients to improve the patient experience before, during and after a consultation. Learn how we are helping our clients to improve operational efficiency through care coordination and delivery, while lowering costs. Learn how we are helping our clients to reduce the total cost of care by triaging patients the best modality, avoiding unnecessary costs, and more. Learn how we are helping our clients to improve the clinician experience through EHR integrations, workflow optimization, and reliable tools.
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