The Ontario Superior Court of Justice approved class action settlements, one for C$1 million and another for US$3 million, to resolve all claims asserted on behalf of persons who:
(i) purchased Gatos Silver securities under Gatos Silver’s Impugned Prospectuses filed in October 2020 and July 2021 and in the distributions to which they related; or
(ii) acquired Gatos Silver securities during the period from October 28, 2020 until January 25, 2022 at 6:52 p.m. Eastern Standard Time (“Class Period”) on any Canadian exchange or Canadian alternative trading system.
The settlement is a compromise of disputed claims and is not an admission of liability or wrongdoing by the defendants.
To be eligible to obtain compensation from the settlement, Settlement Class Members must submit a Claim Form to the Administrator here by October 30, 2024.
For important information regarding the class action, to determine if you are a member of the Settlement Class, and to learn how to make a claim for compensation:
Important Deadlines:
Claims Deadline - October 30, 2024