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James Bay Resources Limited Enters an Investor Agreement for Funding US Litigation Claims with 1001399076 Ontario Inc.
Dec 16, 2025•6 months ago
Contract Type
agreement
MiningMineral
Description
James Bay Resources Limited has signed an investor agreement with 1001399076 Ontario Inc. for funding related to ongoing US litigation claims against Wynn Resorts Ltd. 1001 will receive 80% of any settlement while James Bay retains 20%. The agreement also involves the assignment of convertible debentures valued at $452,000.
Company Information
Company
James Bay Resources Limited
About
James Bay Resources Limited is a resource company focused on developing mineral properties. The company is involved in various projects that aim to capitalize on prevailing market opportunities. Its primary activities are centered in North America.
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Strategic
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