Time is ticking, go figure?
(I did the bolding & underlining on the 2nd paragraph)
NEWS RELEASE
St. Elias Mines Ltd. – Peruvian Properties in Good Standing
Vancouver, B.C. May 31, 2013 St. Elias Mines Ltd. (SLI-TSX-V) (the “Company”) advises that it has received another application from Darcy and Gilby Hastman, dated May 27, 2013, which will require further time and expenses to be incurred by the Company. This new application seeks to restrict the Company’s activities in a variety of ways, pending the determination of the Hastman Petition on its merits. The Company intends to contest the application.
In a news release distributed on May 29, 2013 by Gilby Hastman in which he announced the new application, it was suggested that payments are required to be made imminently to ensure that St. Elias’ interests in its Peruvian properties are renewed. St. Elias wishes to clarify information with respect to the status of its Peruvian properties. St. Elias has until June 2014 to pay the required vigencias (annual government fees) as well as any outstanding penalties, if any, with respect to its Peruvian properties.
For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call
1-888-895-5522 (toll free US and Canada) or contact:
ST. ELIAS MINES LTD.
(signed “Lori McClenahan”)
Lori McClenahan,
President
