TORONTO–(BUSINESS WIRE)–Morganti Legal, P.C., a cross border shareholder’s rights law firm, announces that the plaintiff for the putative class action on behalf of shareholders of “Allied Nevada Gold Corp.”, TSX: “ANV” (now known as Hycroft Mining Corporation) has obtained leave from the Ontario Superior Court of Justice to abandon the claims of those shareholders who purchased securities of ANV on the secondary market from January 18, 2013 to and including August 5, 2013 (the “putative class period”). A copy of the Ontario Superior Court of Justice Order is available here.
If you purchased securities of ANV on the Toronto Stock Exchange or on any other exchange during the putative class period, other than on an exchange located in the United States, there is no putative class proceeding protecting your rights. Any applicable unexpired limitation periods will now resume and accordingly if you are considering asserting any such claims you should immediately seek legal advice.
Investors who purchased securities of ANV pursuant to Allied Nevada Gold Corp.’s May 17, 2013 secondary public offering continue to have their rights protected under this putative class action.
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For further information: If you wish to obtain additional information about the shareholder litigation against Hycroft Mining Corporation, please contact Matthew Stroh at (647) 344-1900 or [email protected].
Matthew Stroh, 647-344-1900 ext. 5