Latest news with #Claim
Hamilton Spectator
23-05-2025
- Business
- Hamilton Spectator
Almaden Enters Into Key Persons Retention Agreement
VANCOUVER, British Columbia, May 23, 2025 (GLOBE NEWSWIRE) — Almaden Minerals Ltd. ('Almaden' or 'the Company'; TSX: AMM; OTCQB: AAUAF) announces that the Company has established a Key Persons Retention Agreement ('KPA'), which is a long-term incentive program to retain key personnel of the Company who have important historical information and knowledge to contribute towards its international arbitration proceedings (the 'Claim') under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership with the United Mexican States. The Company recognizes that the continued, active participation of the Key Persons is of material importance to the Claim and therefore requires the active support of the Key Persons throughout the Claim process. Each Key Person must satisfy specific Claim related duties and if they do so, each Key Person may be entitled to a pre-defined percentage of the proceeds received under the KPA. The KPA outlines that the Key Persons' entitlement is not related to participation as a witness in the Claim proceedings or performance as a witness should he serve as one. The KPA provides that if the Claim is successful and the Company receives damages proceeds, 4.0% of the net proceeds will be directed to the KPA for distribution to its participants (the 'Key Persons'), being Korm Trieu, CFO, and Douglas McDonald, Executive Vice President. The net proceeds consist of any gross damages award resulting from the Claim, less all the aggregate direct expenses related to it, including the costs relating to the litigation funding. In the event there are no net proceeds, no amount will be payable under the KPA. On the other hand, the KPA is subject to a maximum aggregate amount of US$12 million. This maximum aggregate amount does not reflect the Company's view on the merits of the Claim. The KPA will be submitted for approval by the Company's disinterested shareholders at the next Annual General and Special Meeting of Shareholders, scheduled for June 26, 2025 (the 'Meeting'). The management information circular for the Meeting (the 'Circular') will include full details of the KPA. The Company engaged Evans & Evans, Inc., a third party financial advisory firm, on an arm's length basis, who delivered a reasonableness letter to the Company confirming the terms of the KPA are fair and reasonable, from a financial standpoint, to the Company's shareholders (the 'Reasonableness Letter'). The foregoing conclusions are qualified in their entirety by reference to the full text of the Reasonableness Letter, a copy of which will be attached to the Circular. On behalf of the Board of Directors, 'J. Duane Poliquin' J. Duane Poliquin Chair Almaden Minerals Ltd. Safe Harbor Statement Certain of the statements and information in this news release constitute 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and 'forward-looking information' within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things, the timing, result and damages arising from the Claim and net proceeds paid to the Key Persons subject to the KPA; and the approval of the KPA by the Company's disinterested shareholders. These forward-looking statements and information reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant legal, regulatory, business, operational and economic uncertainties and contingencies, and such uncertainty generally increases with longer-term forecasts and outlook. These assumptions include: stability and predictability in Mexico's response to the arbitration process under the CPTPP; stability and predictability in the application of the CPTPP and arbitral decisions thereon; the ability to continue to finance the arbitration process, and continued respect for the rule of law in Mexico. The foregoing list of assumptions is not exhaustive. The Company cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release. Such risks and other factors include, among others, risks related to: the application of the CPTPP and arbitral decisions thereon; continued respect for the rule of law in Mexico; political risk in Mexico; crime and violence in Mexico; corruption in Mexico; uncertainty as to the outcome of arbitration or the funding available to the Company to pursue it; as well as those factors discussed the section entitled 'Risk Factors' in Almaden's Annual Information Form and Almaden's latest Form 20-F on file with the United States Securities and Exchange Commission in Washington, D.C. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that our forward-looking statements or information will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements or information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to on forward-looking statements or information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Contact Information: Almaden Minerals Ltd. Tel. 604.689.7644 Email: info@
Yahoo
23-05-2025
- Business
- Yahoo
Almaden Enters Into Key Persons Retention Agreement
VANCOUVER, British Columbia, May 23, 2025 (GLOBE NEWSWIRE) -- Almaden Minerals Ltd. ('Almaden' or 'the Company'; TSX: AMM; OTCQB: AAUAF) announces that the Company has established a Key Persons Retention Agreement ('KPA'), which is a long-term incentive program to retain key personnel of the Company who have important historical information and knowledge to contribute towards its international arbitration proceedings (the 'Claim') under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership with the United Mexican States. The Company recognizes that the continued, active participation of the Key Persons is of material importance to the Claim and therefore requires the active support of the Key Persons throughout the Claim process. Each Key Person must satisfy specific Claim related duties and if they do so, each Key Person may be entitled to a pre-defined percentage of the proceeds received under the KPA. The KPA outlines that the Key Persons' entitlement is not related to participation as a witness in the Claim proceedings or performance as a witness should he serve as one. The KPA provides that if the Claim is successful and the Company receives damages proceeds, 4.0% of the net proceeds will be directed to the KPA for distribution to its participants (the 'Key Persons'), being Korm Trieu, CFO, and Douglas McDonald, Executive Vice President. The net proceeds consist of any gross damages award resulting from the Claim, less all the aggregate direct expenses related to it, including the costs relating to the litigation funding. In the event there are no net proceeds, no amount will be payable under the KPA. On the other hand, the KPA is subject to a maximum aggregate amount of US$12 million. This maximum aggregate amount does not reflect the Company's view on the merits of the Claim. The KPA will be submitted for approval by the Company's disinterested shareholders at the next Annual General and Special Meeting of Shareholders, scheduled for June 26, 2025 (the 'Meeting'). The management information circular for the Meeting (the 'Circular') will include full details of the KPA. The Company engaged Evans & Evans, Inc., a third party financial advisory firm, on an arm's length basis, who delivered a reasonableness letter to the Company confirming the terms of the KPA are fair and reasonable, from a financial standpoint, to the Company's shareholders (the 'Reasonableness Letter'). The foregoing conclusions are qualified in their entirety by reference to the full text of the Reasonableness Letter, a copy of which will be attached to the Circular. On behalf of the Board of Directors, 'J. Duane Poliquin' J. Duane PoliquinChairAlmaden Minerals Ltd. Safe Harbor Statement Certain of the statements and information in this news release constitute 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and 'forward-looking information' within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things, the timing, result and damages arising from the Claim and net proceeds paid to the Key Persons subject to the KPA; and the approval of the KPA by the Company's disinterested shareholders. These forward-looking statements and information reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant legal, regulatory, business, operational and economic uncertainties and contingencies, and such uncertainty generally increases with longer-term forecasts and outlook. These assumptions include: stability and predictability in Mexico's response to the arbitration process under the CPTPP; stability and predictability in the application of the CPTPP and arbitral decisions thereon; the ability to continue to finance the arbitration process, and continued respect for the rule of law in Mexico. The foregoing list of assumptions is not exhaustive. The Company cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release. Such risks and other factors include, among others, risks related to: the application of the CPTPP and arbitral decisions thereon; continued respect for the rule of law in Mexico; political risk in Mexico; crime and violence in Mexico; corruption in Mexico; uncertainty as to the outcome of arbitration or the funding available to the Company to pursue it; as well as those factors discussed the section entitled "Risk Factors" in Almaden's Annual Information Form and Almaden's latest Form 20-F on file with the United States Securities and Exchange Commission in Washington, D.C. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that our forward-looking statements or information will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements or information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to on forward-looking statements or information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Contact Information: Almaden Minerals 604.689.7644Email: info@
The Star
21-05-2025
- The Star
Couple on a hit-and-scam spree
KUALA LUMPUR: Conmen are staging car crashes and demanding compensation from victims in a new scam. MCA Public Services and Complaints Department head Datuk Seri Michael Chong said he had received complaints from at least 12 individuals, claiming that they became victims of extortion after getting involved in road mishaps. At the centre of the scam, he said, was a couple in their late 20s who would stage a car crash with the victims. To resolve the matter, the couple would intimidate and threaten the victims for as much as RM2,000, resulting in some of them agreeing to pay. One victim, who was present at a press conference at Chong's office, said she agreed to pay RM500 after negotiating with the conmen. The 59-year-old woman, known only as Yim, said her sister-in-law was driving her car during the incident in April. As the sister-in-law was trying to make a turn at a T-junction, a sports utility vehicle (SUV) hit their car. 'Initially, the SUV driver demanded RM2,000 but after negotiating, we agreed to pay RM500 instead. Be aware, drivers: Chong with some of the complainants who fell victim to the couple, during a press conference in Kuala Lumpur. — Low Lay Phon/The Star 'I wanted to file a police report but the couple persuaded me not to do so, saying that they were rushing to Penang,' said Yim. To ensure the matter could be settled without having to go to the police, Yim struck a deal and asked one of the couple to sign an 'agreement' between them with their details. However, after checking social media, she found that the details provided were fake. Another victim, Chow, 46, experienced a similar incident while trying to reverse her car in Bandar Bukit Puteri, Puchong. She said the couple involved in the incident demanded RM2,000 from her. However, Chow only paid RM150 after negotiating with the other party. 'But as I was chatting with a friend about the incident, I learned that my friend was also involved in a similar case involving the same car and plate number,' she said. Chow then lodged a police report as she suspected that the whole incident had been staged. Meanwhile, Chong urged the police to investigate the matter under Section 384 of the Penal Code for extortion. He said that based on the total complaints received, it was estimated that the total money paid to the conmen to 'settle' amounted to RM10,000. 'The victims had to suffer even greater losses as they needed to pay to repair their cars and also lost their No Claim Discount in their vehicle insurance,' he added. Chong warned motorists, especially women, to be careful of such incidents.
Malaysian Reserve
08-05-2025
- Health
- Malaysian Reserve
Second Salmonella Lawsuit Filed Against Aladdin Mediterranean Café by Ron Simon & Associates as the Number of Outbreak Victims Grows
SAN DIEGO, May 7, 2025 /PRNewswire/ — Today the national food poisoning law firm of Ron Simon & Associates, along with The Gomez Trial Attorneys, filed a second Aladdin Mediterranean Café Salmonella Lawsuit in San Diego County, California. The firm now represents more than 20 victims in this outbreak as the number of reported victims has increased to more than two dozen, with as many as 14 being hospitalized. A copy of the lawsuit is available upon request. The lawsuit was filed on behalf of Joseph Jarvis, who consumed a Mezza Platter with lamb, beef and chicken from Aladdin Mediterranean Café on April 26th. By the next day, he was ill with the symptoms of salmonella poisoning, including the onset of bloody vomiting, diarrhea, abdominal pain, and dehydration. He was taken to UC San Diego Health Emergency Department and immediately admitted to the hospital, where he remained for several days before being discharged home. He is still recovering from his illness. The lawsuit comes as San Diego County health officials and others report a growing number of victims, all having eaten at Aladdin Mediterranean Café. As of now, most confirmed victims are believed to have eaten on either April 25th or 26th of this year, but many victims calling the national food poisoning law firm of Ron Simon & Associates are also reporting food consumption on April 27th and 28th. According to Ron Simon, 'We anticipate a many more victims will come forward now that this outbreak has been reported in the local media. Our office has been receiving numerous phone calls from families, many of whom have been long-time customers of Aladdin. We will make sure each and every one our clients receives full and fair compensation for their injuries and suffering, and that Aladdin makes the necessary changes to make their food safe.' Food Safety Attorneys Establish Aladdin Mediterranean Café Farms Salmonella Claim Center Mr. Simon and his law firm have established an Aladdin Mediterranean Café/Salmonella Claim Center to assist victims in the outbreak. The Salmonella Claim Center can be reached toll-free at 1-888-335-4901 or by going to the firm's website, at About Food Safety Attorney Ron Simon Over the last 32 years, Ron Simon and his colleagues have prosecuted thousands of food poisoning cases for victims across the United States. His work has resulted in numerous upgrades to food safety procedures in Fortune 500 companies and in legislation designed to protect consumers from dangerous food-borne pathogens. Mr. Simon and his team have represented thousands of salmonella victims all across the United States, many of whom reside in San Diego and southern California. The firm served as lead counsel on two recent major San Diego outbreaks – the 2023 Miguel's Cocina outbreak and the 2019 San Diego County Fair outbreak. Mr. Simon and his clients have been featured on NBC, ABC, CBS, CNN, FOX and virtually all other major television networks and print media. Mr. Simon and his legal team have collected over $850,000,000 for their clients. His firm regularly publishes articles about food safety and litigation at which are read by viewers in over 180 countries. Through litigation, media commentary, and his food poisoning publications, Mr. Simon relentlessly challenges food manufacturers, distributors, and restaurants to do a better job in making our food safe. For media inquiries or more information on the Salmonella outbreak and ongoing litigation, please contact Ron Simon directly at (713) 819-8116 or ron@ View original content to download multimedia: SOURCE Ron Simon & Associates
Indianapolis Star
06-05-2025
- General
- Indianapolis Star
Hoosier Lottery Cash 5, Daily 3 winning numbers for May 5, 2025
The Hoosier Lottery offers several draw games for those aiming to win big. Here's a look at May 5, 2025, results for each game: Winning Cash 5 numbers from May 5 drawing Check Cash 5 payouts and previous drawings here. Winning Daily 3 numbers from May 5 drawing Midday: 8-8-3, SB: 3 Evening: 9-7-4, SB: 6 Check Daily 3 payouts and previous drawings here. Winning Daily 4 numbers from May 5 drawing Midday: 1-5-7-8, SB: 3 Evening: 7-0-4-6, SB: 6 Check Daily 4 payouts and previous drawings here. Winning Quick Draw numbers from May 5 drawing Midday: 02-04-06-08-16-18-24-27-30-33-43-46-51-56-60-64-71-74-78-79, BE: 71 Evening: 08-15-21-22-27-28-33-37-38-39-41-43-44-46-52-55-58-61-77-79, BE: 27 Check Quick Draw payouts and previous drawings here. Winning Cash4Life numbers from May 5 drawing 02-05-08-17-37, Cash Ball: 04 Check Cash4Life payouts and previous drawings here. Winning Cash Pop numbers from May 5 drawing Morning: 06 Matinee: 09 Afternoon: 01 Evening: 09 Late Night: 14 Check Cash Pop payouts and previous drawings here. Feeling lucky? Explore the latest lottery news & results Are you a winner? Here's how to claim your lottery prize For Indiana Lottery prizes, the claim process varies depending on the prize amount. Prizes of $599 or less can be claimed at any authorized Hoosier Lottery retailer across the state by presenting the signed winning ticket. If your prize is between $600 and $49,999, you can claim in person at any Hoosier Lottery regional office or you can choose to mail in your claim. To claim by mail, complete a Hoosier Lottery Winner Claim Form and include your signed winning ticket, along with a copy of a government-issued photo ID. Send these documents to: Hoosier Lottery Headquarters 1302 N. Meridian Street, Suite 100 Indianapolis, IN 46202 Be sure to include all required documentation and keep a copy of the ticket and claim form for your records. For prizes of $50,000 or more, you are required to claim in person at the Hoosier Lottery headquarters in Indianapolis. Call 1-800-955-6886 to schedule an appointment to claim your prize. All prize claims must be submitted within 180 days of the drawing date for draw games. For more details on the claims process or to download a claim form, visit the Hoosier Lottery Winners page or contact the customer service team at 1-800-955-6886. When are the Hoosier Lottery drawings held? Mega Millions: 11 p.m. Tuesday and Friday. Cash4Life: 9 p.m. daily. Cash Pop: 9:30 a.m. (Morning), 1:30 p.m. (Matinee), 3:30 p.m. (Afternoon), 7:30 p.m. (Evening), and 11:30 p.m. (Late Night). Daily 3, Daily 4, Quick Draw: 1 p.m. (Midday) and 11 p.m. (Evening) daily. Cash 5: 11 p.m. daily. Hoosier Lotto: 11 p.m. Wednesday and Saturday.
