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ARMENIAN AUTHORITIES REJECT CRIMINAL COMPLAINT AGAINST CALDERA
Tert.am
22:04 06.09.11
The Police of the Republic of Armenia have rejected a criminal
complaint filed against Caldera Resources Inc. ("Caldera" or the
"Company") on September 14, 2010 by senior executives of Global Gold
Corporation ("GBGD").
According to the Marketwatch.com, the decision from the General
Investigation Department rejects the false and misleading claims of
GBGD and found no evidence of a crime by Caldera's representatives.
As a result, the criminal investigation against Caldera has been
terminated.
"We are pleased that Armenia's Police Department confirmed what we
already knew, that no crime was committed by any representative of
Caldera, " said Bill Mavridis, President of Caldera and Marjan-Caldera
Mining LLC.
"The decision is a rebuke to GBGD's Chairman, CEO, Director and
Legal Counsel, Mr. Van Krikorian, and his Country Manager, Mr. Ashot
Boghossian, who have made false and misleading statements to Armenia's
Prosecutor's Office, Police and the US Government to intimidate and
extort the project away from Caldera," said he.
"It is my hope that in light of this development the Board of Directors
of GBGD will take appropriate action to deal with the reckless actions
of their CEO and their fellow director."
Further, the website said that Krikorian and his agent's in Armenia
appear to be justifying their actions by claiming that the JVA was a
"preliminary arrangement".
"The formulation of their complaint contradicts the clear terms of
the joint venture agreement, signed between the parties on March
24, 2010, further approved by the TSX-Venture exchange on June 17,
2010 and finally approved by resolutions signed by GBGD and Caldera
on June 18, 2010 stating that 100% of the shares of Marjan Mining
Company are transferred to the JV, the website wrote.
The rejected complaint also includes a false accusation that Caldera's
representatives used "fake" documents to register the transfer of
the shares of Marjan Mining Company, the Armenian subsidiary holding
the license to the Marjan Gold and Silver Project. Based on these
alleged actions GBGD falsely claimed that 100% of their shares of
Marjan Mining Company were stolen and transferred to Marjan-Caldera
Mining LLC, the joint venture company, it added.
Tert.am
22:04 06.09.11
The Police of the Republic of Armenia have rejected a criminal
complaint filed against Caldera Resources Inc. ("Caldera" or the
"Company") on September 14, 2010 by senior executives of Global Gold
Corporation ("GBGD").
According to the Marketwatch.com, the decision from the General
Investigation Department rejects the false and misleading claims of
GBGD and found no evidence of a crime by Caldera's representatives.
As a result, the criminal investigation against Caldera has been
terminated.
"We are pleased that Armenia's Police Department confirmed what we
already knew, that no crime was committed by any representative of
Caldera, " said Bill Mavridis, President of Caldera and Marjan-Caldera
Mining LLC.
"The decision is a rebuke to GBGD's Chairman, CEO, Director and
Legal Counsel, Mr. Van Krikorian, and his Country Manager, Mr. Ashot
Boghossian, who have made false and misleading statements to Armenia's
Prosecutor's Office, Police and the US Government to intimidate and
extort the project away from Caldera," said he.
"It is my hope that in light of this development the Board of Directors
of GBGD will take appropriate action to deal with the reckless actions
of their CEO and their fellow director."
Further, the website said that Krikorian and his agent's in Armenia
appear to be justifying their actions by claiming that the JVA was a
"preliminary arrangement".
"The formulation of their complaint contradicts the clear terms of
the joint venture agreement, signed between the parties on March
24, 2010, further approved by the TSX-Venture exchange on June 17,
2010 and finally approved by resolutions signed by GBGD and Caldera
on June 18, 2010 stating that 100% of the shares of Marjan Mining
Company are transferred to the JV, the website wrote.
The rejected complaint also includes a false accusation that Caldera's
representatives used "fake" documents to register the transfer of
the shares of Marjan Mining Company, the Armenian subsidiary holding
the license to the Marjan Gold and Silver Project. Based on these
alleged actions GBGD falsely claimed that 100% of their shares of
Marjan Mining Company were stolen and transferred to Marjan-Caldera
Mining LLC, the joint venture company, it added.