Montego Announces Default Judgement on Former Director Jim Grieg for Breaches of Fiduciary Duty
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2020) - Montego Resources Inc. (CSE: MY) (FSE: 4MO1) (the "Company" or "Montego") announces further to the news release dated July 29th, 2019 and January 22, 2020, the court has granted default judgement on former director Jim Grieg. Montego's law suit alleged that Mr. Grieg breached the fiduciary duties he owed to Montego.
The Company will be seeking damages against Jim Grieg for the losses suffered as a result of Mr. Grieg's conduct.
For Further Information Contact
David Greenway
Interim CEO and Director
Phone: 604.283.1722
Email: info@montegoresources.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the Adequacy or accuracy of this News Release.
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