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OSH in legal dispute with HIG? , page-2

  1. 221 Posts.
    HIGHLANDS PACIFIC LIMITED 2002-03-06 ASX-SIGNAL-G

    HOMEX - Brisbane

    +++++++++++++++++++++++++
    Today, Highlands Pacific Limited (HPL) filed with the Federal Court
    of Australia, Queensland District Registry, an application against
    Orogen Minerals Limited, Orogen Minerals (Ramu) Limited and Jeffrey A
    Quartermaine claiming:

    * an order declaring that the whole of the Put Option - Ramu Joint
    Venture be declared void;

    * damages pursuant to section 82 or section 87 of the Trade Practices
    Act;

    * damages against Orogen Minerals Limited for breach of contract;

    * equitable compensation from Orogen Minerals (Ramu) Limited and
    Orogen Minerals Limited; and

    * such further relief as the court feels appropriate.

    The action is a result of Orogen Minerals' failure to perform its
    obligations in accordance with a written agreement with HPL.

    The action is consistent with HPL's December 2001 Quarterly Report.

    J I Forbes
    COMPANY SECRETARY

 
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