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U.S. court hears Chevron's fraud claims in $9.5 billion Ecuador dispute

Chevron Corp urged a U.S. appeals court on Monday to uphold a ruling finding that an American lawyer used corrupt means to secure a $9.5 billion pollution judgment in Ecuador.A lawyer for Chevron told the 2nd U.S. Circuit Court of Appeals in New York that Steven Donziger, a U.S. lawyer who represented a group of Ecuadorians that sued the oil giant, pursued a case “shot through with fraud.” “What happened

AuRico Gold Closes Previously Announced Private Placement

[PR Newswire] – TORONTO, April 20, 2015 /PRNewswire/ – AuRico Gold Inc. (AUQ) (AUQ),(“AuRico” or the “Company”) today announced the closing of its previously announced non-brokered private placement pursuant to which Alamos Gold Inc. subscribed for approximately 27.9 million common shares of AuRico, representing approximately 9.9% of AuRico’s outstanding common shares after giving effect to the private placement. The common shares were acquired at a price of US$2.99 per share,