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Montauk Metals Secures Litigation Funding Against the Republic of Colombia

By John Freund |

Montauk Metals Inc. (TSX-V: MTK) (the “Company” or “Montauk”) is pleased to announce that it has secured litigation funding for its arbitration proceedings (the “Arbitration”) brought by the Company against the Republic of Colombia (“Colombia”) to enforce the Company’s rights to compensation under the Canada-Colombia Free Trade Agreement (the “FTA”), as previously described in its news releases of March 27, 2018, February 25, 2019, February 10, 2020, November 23, 2021, September 1, 2023 and October 5, 2023, and subject to certain conditions and approvals as noted below.

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An LFJ Conversation with Byron Sumner, CEO and Co-founder, Ignite

By John Freund |

Byron Sumner is the CEO and Co-founder of Ignite, a specialist litigation insurer built on its founding members’ significant litigation and reinsurance expertise. Ignite offers large capacity limits on ‘A’ rated paper across various case types, along with an extensive product suite tailored to each stakeholder’s unique needs. Their solutions range from straightforward contract disputes up to multi-billion pound international arbitrations.

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