bcMetals Corporation

bcMetals Corporation

December 01, 2006 19:00 ET

bcMetals Receives Notice of Legal Action

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 1, 2006) - bcMetals Corporation (TSX VENTURE:C) announced today that it has received notice that Glencore Ltd. has commenced legal action in the Supreme Court of British Columbia seeking to enforce an alleged contract between bcMetals and/or its subsidiary, Red Chris Development Company Ltd., for the sale of concentrates from the proposed Red Chris Mine. Glencore is seeking specific performance of the alleged contract or, in the alternative, damages.

bcMetals maintains that no contract was ever entered into with Glencore and will defend the action.

Ian Smith, President and Chief Executive Officer

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • bcMetals Corporation
    Ian Smith
    President and Chief Executive Officer
    (604) 683-0140
    (604) 683-0126 (FAX)
    Website: www.bcmetalscorp.com