VANCOUVER, BC, May 26, 2022 /CNW/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) (the "Company" or "Entrée") announces that it has commenced binding arbitration proceedings to seek declarations and orders for specific performance relating to certain provisions of the Equity Participation and Earn-in Agreement (the "Earn-in Agreement") with Turquoise Hill Resources Ltd. ("Turquoise Hill") dated October 15, 2004, as amended and subsequently assigned to Oyu Tolgoi LLC ("OTLLC") and the Joint Venture Agreement appended to the Earn-in Agreement (the "JVA"). The parties have been operating under the JVA's terms since OTLLC completed its earn-in obligations on the Entrée/Oyu Tolgoi joint venture property in Mongolia in 2008. Both Turquoise Hill and OTLLC are respondents to the arbitration proceedings.
Read more at newswire.caENTRÉE RESOURCES COMMENCES ARBITRATION TO ENFORCE CERTAIN OUTSTANDING JV PROVISIONS
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