lhambra Resources Ltd. ("Alhambra" or the "Corporation"), an international gold explorer and producer, announces that, on March 11, 2016, it submitted a Request for Arbitration (the "Request") against the Republic of Kazakhstan ("Kazakhstan") at the International Centre for Settlement of Investment Disputes ("ICSID"). On March 16, 2016, ICSID acknowledged the receipt of the Request and transmitted a copy thereof to the Government of Kazakhstan (the "Government"). Alhambra expects the Request to be officially registered by ICSID in the next few weeks.
Alhambra Resources Ltd. and Alhambra Coöperatief U.A. v. Republic of Kazakhstan (ICSID Case No. ARB/16/12)
Date Registered: April 5, 2016