Lithium explorer may face class action

Original article by Tom Richardson
The Australian Financial Review – Page: 27 : 21-Dec-22

Law firm Johnson Winter Slattery is set to launch a class action against lithium explorer AVZ Minerals. The legal action will be financed by litigation funder Omni Bridgeway, and centres on AVZ’s disclosures regarding the Manono lithium project in the Democratic Republic of the Congo. It will be alleged that AVZ breached its continuous disclosure obligations and misled investors over its rights to the project. AVZ’s shares have been in a trading halt since early May.

CORPORATES
AVZ MINERALS LIMITED – ASX AVZ, JOHNSON WINTER AND SLATTERY, OMNI BRIDGEWAY LIMITED – ASX OBL

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