03:38 PM EST - High River Gold Mines Ltd. : announced that it has agreed to settlement terms with its former contractor, Senet CC , in respect of a previously disclosed action brought against Somita SA. A claim regarding services which were delivered to Somita by Senet, but for which payment is still outstanding, was filed against Somita before the arbitrator in South Africa in 2009. The aggregate amount of the claim was $3.7 million U.S. and High River filed a statement of defense and counterclaim against Senet for damages. High River Gold Mines Ltd.
shares T.HRG are trading down $0.02 at $1.18.
