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News  ›  GlobeNewswire Inc.

Arbitration Award Update

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Gordon Ellis
Arbitration Award Update

Lupaka Gold Corp. has received a US$67 million arbitration award from ICSID against Peru, with the 120-day period for Peru to request an annulment having expired. The company has now requested immediate payment and will prioritize repayment to its funding partner.

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Lost international arbitration case and required to pay substantial financial award