Settlement agreement reached on Baja class action litigation
Vancouver, October 6, 2015 – Baja Mining Corp. (“Baja” or the “Company”) (TSX-V: BAJ - OTC: BAJFF) is pleased to report it has reached a settlement of the Donohue class action litigation, which is conditional on formal documentation being executed and approval of the court. The settlement is made without any admission of liability. Further details of the settlement will be provided after documentation has been formally executed.
Tom Ogryzlo, Interim CEO stated, “The resolution of this litigation when finalized will remove a heavy burden that Baja has carried for the past 3½ years. A final settlement will enable Baja to seek a much broader scope of opportunities for creating value for its shareholders.”
For further information, please contact Baja’s Interim CEO Tom Ogryzlo at 604-685-2323 or via email at info@bajamining.com