Strateco Resources Inc.

Strateco Resources Inc.

June 21, 2017 19:47 ET

Strateco Loses its Lawsuit Against the Quebec Government and Assesses the Possibility of an Appeal

BOUCHERVILLE, QUEBEC--(Marketwired - June 21, 2017) - The Honourable Denis Jacques, J.C.S., rendered his decision today in connection with the lawsuit of Strateco Resources Inc. ("Strateco") against the Attorney General of Quebec on behalf of the Government of Quebec and the Minister of the Environment. He has rejected Strateco's claim of $182,684,575 for the loss of its investment in the Matoush uranium project and an additional $10 million in punitive damages.

Strateco's lawyers are currently reviewing the 115-page judgement and assessing the possibility of appealing the decision.

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