AVZ MINERALS WKN: A0MXC7 ISIN: AU000000AVZ6 Forum: Aktien Thema: Hauptdiskussion

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AVZ Successful in ICSID Interim Measures AVZ Minerals Limited (ASX: AVZ, OTC: AZZVF) (AVZ or Company) provides the following update to shareholders. The Company, by its subsidiaries AVZ International Pty Ltd (AVZI) and Green Lithium Holdings Pty Ltd (GLH) together with Dathcom Mining SA (Dathcom) previously commenced international arbitration proceedings against the Democratic Republic of Congo (DRC) pursuant to its Mining Code and the Convention on the Settlement of Investment Disputes between States and the Nationals of Other State (ICSID Convention) before the International Centre for Settlement of Investment Disputes (ICSID) in Washington (refer to ASX announcement dated 9 June 2023 ‘Confirmation of Registration of the Request for ICSID Arbitration Proceedings against the Democratic Republic of Congo’). On 11 December 2023, the ICSID tribunal heard AVZI, GLH and Dathcom’s request for provisional measures including an urgent order to preserve the status quo and an order to confirm or restore ownership of PR 13359 to Dathcom (refer to ASX announcement dated 15 November 2023 ‘ICSID Proceedings Update’). The Company is pleased to report that, on 16 January 2024, the ICSID tribunal made interim orders to the effect that the DRC take necessary steps to reflect that Dathcom is the holder of PR 13359 and to protect AVZI, GLH and Dathcom’s rights during the pendency of the proceedings (Interim Orders). The ICSID tribunal’s decision to grant provisional measures is an interim decision. It does not involve any final conclusion as to the merits of the case, which remain to be determined in the substantive proceedings.