X-Clearing Corporation Announces Judgment Against Mercantile Gold Company, nka MGM Mineral Resources, Inc.
February 08 2007 - 6:00AM
PR Newswire (US)
DENVER, Feb. 8 /PRNewswire/ -- Clearing Corporation (Defendant)
announced today that it has obtained a final, non-appealable
judgment against Mercantile Gold Company (Plaintiff), nka MGM
Mineral Resources, Inc. (OTC:MGMX), in the amount of $362,567.24,
plus costs and attorney's fees to be determined. This District
Court action, case number 05-CV-8036, was originally brought
against X-Clearing Corporation by Steven Doppler, the prior
President and CEO of Mercantile Gold Company. Currently, Mr.
Doppler is CEO of Aurelio Resource Corporation (OTC:AULO) (BULLETIN
BOARD: AULO) . The judgment was based upon a counter-claim by
X-Clearing Corporation. As of this date Mercantile Gold has made no
attempt to satisfy this judgment. X-Clearing Corporation, a wholly
owned subsidiary of Fincor, Inc. (OTC:FINC), is a boutique
professional transfer agent based in Denver, Colorado. DATASOURCE:
X-Clearing Corporation CONTACT: Robert L. Stevens, President of
Fincor, Inc., +1-303-573-1000, ext. 11
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