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Lupaka Gold Corp.: Arbitration Award Update, August 2026
['Access Newswire']
FinanzNachrichten.de: News
USD49.4 million, which has now been received ; MOI will pay the remaining 30% of the Award, including accrued interest to June 30, 2026, by December 31, 2026, which totals approx.
With the receipt of the first 70%, the Company's first obligation is to repay Bench Walk Advisors ("Bench Walk") for their financing of the arbitration process, as well as pay their contingent profit share commission.
Having covered payment of the previously referenced netted costs with the first CVR dividend payment, it is anticipated that the second CVR dividend payment will be greater than the first.
Lupaka was represented in the arbitration proceedings by the international law firm LALIVE (www.lalive.law), with the financial backing of Bench Walk Advisors (www.benchwalk.com).
Bench Walk and its principals have consistently been ranked as leading lawyers and litigation funders in various global directories.