Hmmm, highly doubtful.
Bit of huffing puffing and chest thumping and both parties agree on a settlement around $2.6m would be my guess.
Win win for both.
NXE can spout that they negotiated their way out of the large termination claim (yeh right) and Arena walk away with their money back and no doubt all they wanted all along to be rid of this
Ann: Amendment to Fura Gems Merger of Ruby Assets Agreement, page-35
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