Montauk Metals Provides Update on Arbitration Process

TORONTO, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Montauk Metals Inc. (TSX-V: MTK) (the “Company” or “Montauk”) today announces that further to its news releases of March 27, 2018, February 25, 2019, February 10, 2020, and November 23, 2021, the arbitration brought by the Company against the Republic of Colombia (the “Arbitration”) to enforce the Company’s rights to compensation under the Canada-Colombia Free Trade Agreement (the “FTA”) has been suspended pending a resolution of funding the costs of the arbitration panel.

Read more at globenewswire.com