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Brazilian Critical Minerals Faces Legal Battle Over Convertible Loan Shares

7:01am on Wednesday 26th of November, 2025 AEDT Mining
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Brazilian Critical Minerals Faces Legal Battle Over Convertible Loan Shares

7:01am on Wednesday 26th of November, 2025 AEDT
Key Points
  • Writ of summons filed by Drake Private Investments LLC in WA Supreme Court
  • Dispute centers on share issuance and pricing under a 2019 convertible loan agreement
  • Drake claims entitlement to additional shares or options plus costs
  • BCM disputes allegations and intends to vigorously defend the claim
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