VANCOUVER, June 3, 2019 - Cipher Resources Inc. (the "Company" or "Cipher") (TSX-V: CIFR) reports that a Notice of Civil Claim has been filed by Rod Husband against Cipher and also names Endeavour Financial Limited (Cayman) and Endeavour Financial AG (together "Endeavour").
The allegations are contained in a Notice of Civil claim filed in the Supreme Court of British Columbia Vancouver Registry on May 28, 2019.
Vancouver lawyer Robert D. Holmes of Holmes & Bilawich filed the lawsuit on Mr. Husband's behalf.
Cipher and Endeavour have engaged Hein Poulus of Stikeman Elliott to review the Company and Endeavour's position and will file a response within the prescribed time limits. The Company and Endeavour do not believe the allegations have merit and intend to vigorously defend themselves.
On behalf of Cipher Resources Inc.
Per: Alexandra Woodyer Sherron President and Chief Executive Officer
For further information, contact Alexandra Woodyer Sherron at 604-218-5030 or alexendra@cipherresources.com.
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This News Release contains forward-looking statements including, but not limited to, comments regarding completion of a private placement. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement.
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VANCOUVER, June 3, 2019 - Cipher Resources Inc. (the "Company" or "Cipher") (TSX-V: CIFR) reports that a Notice of Civil Claim has been filed by Rod Husband against Cipher and also names Endeavour Financial Limited (Cayman) and Endeavour Financial AG (together "Endeavour").
