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Centerra provides update on International Arbitration


Wednesday, 19 Jul 2017 05:15pm EDT 

July 19 (Reuters) - Centerra Gold Inc :Centerra provides update on international arbitration.Centerra Gold -Arbitrator issued order providing certain interim relief to centerra in its ongoing arbitration against Kyrgyz Republic and Kyrgyzaltyn JSC.Centerra Gold Inc says responses to Centerra's statement of claim are expected to be submitted by Kyrgyz republic and Kyrgyzaltyn in September 2017.Centerra Gold - ‍arbitrator found that centerra had made out both a prima facie case for arbitrator to take jurisdiction over Arbitration proceeding​.Centerra Gold says will continue to pursue its claims in its main arbitration proceeding, which was commenced in May 2016 and remains ongoing.Centerra Gold Inc - Responses to Centerra's statement of claim are expected to be submitted by Kyrgyz Republic and Kyrgyzaltyn in September 2017.Centerra Gold Inc - ‍arbitrator found that centerra had made out a "prima facie case on merits of case"​.