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News - 2012/01/26
EUROGAS INC. FILES US $ 1 BILLION DAMAGE CLAIM AGAINST THE SLOVAK REPUBLIC
EuroGas Inc. ("EuroGas"), a US public company, has informed the President of the Slovak Republic about its Notification of an investment dispute between EuroGas Inc. and the Slovak Republic which relates to illegal - and in the opinion of EuroGas - corrupt and collusive actions and practices against its Slovak mining subsidiary Rozmin s.r.o since 2004 by authorities of the Slovak Republic. EuroGas believes that the dispute constitutes serious violations of obligations of the Slovak Republic under the 1991 Treaty between the United States of America and the Czech and Slovak Federal Republic concerning the Reciprocal Encouragement and Protection of Investments. In January 2005 Rozmin s.r.o. was deprived by the Administrative Mining Offices of the Slovak Republic of its valid mining concession at Gemerska Poloma, one of the largest and purest talc orebodies in the world, through a series of highly unlawful and - in the opinion of EuroGas – corrupt and collusive practices.
News - 2011/12/23
ZB Capital Inc. transfers all assets to EuroGas AG
EuroGas Inc.'s ("EuroGas Inc." or "The Company") wholly-owned Zurich Switzerland based subsidiary ZB Capital Inc. has transferred on Dec. 19, 2011 by notarial deed all of the former assets of EuroGas Inc., which ZB Capital Inc. had previously acquired from EuroGas Inc. on November 17, 2011, to EuroGas AG, (www.eurogas-ag.com) a Swiss public company whith registered offices in Zurich, whose shares are trading on the Frankfurt Stock Exchange in Germany.
News - 2011/11/24
Capital Increase
On November 17, 2011 EuroGas Inc. has transferred by notarial deed all its assets to its new wholly-owned Zurich based Swiss subsidiary ZB Capital AG.In the same notarial transaction the share capital of ZB Capital AG was increased by Swiss Francs 144.35 million after an extensive audit and value determination of the assets by an international Certified Public Accounting firm (CPA) and receipt of a Certification of the value determination of the assets by an independent External Audit Company.
