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Goldplat, Rand Refinery close in on settlement in dispute

Creamer Media Senior Deputy Editor
Aim-listed Goldplat has entered into a memorandum of understanding (MoU) with Rand Refinery regarding a proposed full and final settlement agreement over long-outstanding fees owing and payable to its subsidiary, Goldplat Recovery, by Rand Refinery. The MoU, which followed the parties’ agreement on an arbitration process to settle their protracted dispute, contains terms agreed to for inclusion in an agreement, including agreement on an undisclosed amount to be paid by Rand Refinery, in a full and final settlement of the dispute.

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