// Gold - Canada

Following a favourable outcome on all claims in the arbitration proceedings brought by Cougar's wholly owned subsidiary Tycoon Gold Resources against Kenora Prospectors and Miners Limited (KPM) a partial award of CAD 296,000 was handed down in favour of Cougar.

The final award was held in abeyance pending the compliance by KPM of various orders under the partial award which, despite several extensions, KPM has failed to accomplish. As such Cougar has now requested that the arbitrator hand down a final award. Both parties are required to submit various documents to debate damages which will result in the arbitrator being able to make the final award around July 2018. This date will be refined as the matter proceeds.