TORONTO, June 10, 2019 /CNW/ - Continental Precious
Minerals Inc. (NEX-CZQ.H) ("Continental") reports
that, on February 27, 2019, High
Speed Interconnects, LLC ("HSI") filed suit against it in
the United States District Court
in and for the District of Arizona, the same day Continental issued a
statement of claim against HSI in Ontario.
Both the Arizona lawsuit and
Ontario statement of claim are
being dismissed. Stipulated dismissal papers will be submitted to
each court today, and orders approving the dismissal stipulations
are expected from the courts in due course. Each party will bear
its own fees and litigation costs. No money changed hands between
the parties in connection with these settlements. The parties wish
each other well in the future.
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SOURCE Continental Precious Minerals Inc.