Atlanta Gold Receives Clean Water Act Judgment; At Yr Lows When Halted Friday

By MT Newswires,  July 23, 2012, 08:13:35 AM EDT

Atlanta Gold Inc. (ATG.V), which was trading at year lows before a trading halt Friday, announced that the U.S. District Court for the State of Idaho issued a Memorandum Decision on July 19, 2012 in a case pertaining to AGC's non-compliance with the United States Federal Water Pollution Control Act. The court imposed a penalty in the amount of $2 million to be paid on or before October 31, 2012. In addition, the decision orders AGC to implement measures to come into compliance with the NPDES Permit by that same date.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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