MMEX Mining Corporation Announces Filing of Petitions With

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
MMEX Mining Corporation Announces Filing of Petitions With Colombian Authorities to Investigate Its Colombia Partners, Jorge Cely Rodriquez and Jose Manuel Cely Rodriquez Regarding Its Hunza Mine Concessions in Tasco, Colombia

DALLAS, TX--(Marketwired - Jun 21, 2013) -  MMEX Mining Corporation ( OTCQB : MMEX ) ("MMEX" or the "Company) announced that its subsidiary, Armadillo Mining Corporation Colombia ("AMCC"), that owns 50% of Hunza Coal S.A.S. ("Hunza"), filed petitions on June 20, 2013 with Colombian Authorities to take regulatory supervision of Hunza; to order an investigation and a refund of payments made to the Celys' private Panamanian Corporation, Black Stone Investment S.A and also from the payments to Hunza Coal S.A.S.

The share owners of the other 50% of Hunza, Jorge Cely Rodriquez and Jose Manuel Cely Rodriquez, with domicile in both Tunja and Bogota, Colombia, are Hunza board members and Jose Manuel Cely is legal representative and general manager of Hunza. In addition, they both are the principals in Black Stone from documentation provided to MMEX. On the basis of other documentation provided to MMEX they have sought to move the Black Stone funds to other entities.

On May 24, 2013 and again on May 30, 2013, AMCC exercised its rights to remove Jose Manuel Cely as General Manager of Hunza in order to protect the assets of Hunza. AMCC has not been given access to bank accounts, has not received timely financial statements, has not received timely notice of the proceedings of the Tribunal and believes that the Celys' have been grossly negligent in the relations with the community of Tasco. Jose Manuel Cely has refused to resign as GM and allow AMCC access to the books, records and bank accounts of Hunza.

About MMEX Mining Corporation

MMEX Mining Corporation is publicly traded on the OTC market under the ticker symbol "MMEX" and is headquartered in Dallas, Texas USA. For more information please visit: www.mmexmining.com

Investor and Media Contact Mr. Jack W. Hanks MMEX Mining Corporation T: +1.855.880.0400 Jack.hanks@mmexmining.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Svitzer Group Announces Major Shareholder Notification

Updated Category News Views 258

Major Shareholder Notification from Morgan Stanley In accordance with the Danish Capital Markets Act, Svitzer Group A/S, recognized by CVR-no. 44 79 14 47, shares an important notification regarding its major shareholder. Morgan Stanley recently disclosed that as of a specified date, it directly or indirectly holds 1,642,654 shares in Svitzer Group. This corresponds to...

Continue Reading
Petco Health and Wellness Faces Legal Action: Key Investor Insights

Updated Category News Views 93

Understanding Petco Health and Wellness Legal Challenges Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) has recently encountered significant legal challenges that may impact its investors. As a notable player in the pet health and wellness sector, Petco is dedicated to improving the lives of pets and their owners. However, the company is currently under scrutiny...

Continue Reading
Survey Shows Users Favor Unrestricted AI Interaction

Updated Category News Views 116

Survey Reveals User Preferences for AI Interaction A recent survey conducted by Muah AI has shed light on user preferences, revealing a strong inclination towards uncensored large language models (LLMs). More than 85% of the 25,000 active respondents expressed a desire for less restrictive communication tools. This finding indicates a growing demand for more open and...

Continue Reading
Dyne Therapeutics Set to Shine at Upcoming Research Conference

Updated Category News Views 224

Dyne Therapeutics Announces Presentations at Major Conference Dyne Therapeutics, Inc (NASDAQ: DYN), primarily known for its dedication to advancing therapeutics for neuromuscular diseases, is gearing up to showcase its innovative research at the upcoming MDA Clinical & Scientific Conference. This event is scheduled to take place from March 16-19, 2025, and will feature a...

Continue Reading
Uniting Forces Against Illegal Trade for National Prosperity

Updated Category News Views 147

Strengthening the Fight Against Illegal Trade Public and private sector security experts have gathered to address the escalating threat of illegal trade and its impact on American society. Over 75 leaders recently met at the USA-IT 2025 National Summit to call on Congress for new policies aimed at dismantling the $2.2 trillion underground economy, which encompasses...

Continue Reading