Gabriel Resources Ltd.: 2021 Second Quarter Report
Gabriel" or the "
Company") announces the publication of its Second Quarter Financial statements and Management's Discussion and Analysis Report for the period ended June 30, 2021.
Summary
Gabriel remains focused on the progression of its arbitration case brought by the Company and its wholly-owned subsidiary, Gabriel Resources (Jersey) Ltd., (together "
Claimants") against the Romanian State ("
Respondent") under the rules of the International Centre for Settlement of Investment Disputes ("
ICSID"), part of the World Bank ("
ICSID Arbitration"):
Following the second oral hearing on the merits of the claim held in Q4 2020 ("
Second Hearing"), on February 18, 2021 and April 23, 2021 the Claimants and Respondent each filed simultaneous further written submissions ("