Cerro de Pasco Resources (CDPR.V) on Friday, they announced that they've reached a settlement agreement with FTI Consulting Canada Inc., which is overseeing Trevali Mining Corporation as per the court's direction, as well as with Trevali itself.
This settles all claims related to the arbitration over the 2021 acquisition of Trevali Peru S.A.C. and the Santander Mine. This settlement still needs the green light from the Supreme Court of British Columbia, and there's a hearing lined up for December 16, 2025.
Once it gets the go-ahead, the arbitration will be wrapped up, and CDPR will pay out CAD 2 million. After that, all claims will be mutually dropped.
CDPR will also scrub over USD 4 million in Trevali-related liabilities off its books, which will be a significant boost for them.
CDPR.V is currently trading at CAD 0.5300 up CAD 0.0100 or 1.9231 percent on the Toronto Stock Exchange
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.