Baja Mining's Disclosure Challenged by Louis Dreyfus
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/18/12 -- Baja Mining Corp. ("Baja") (TSX: BAJ)(OTCQX: BAJFF) announced today that Louis Dreyfus Commodities Metals Suisse, S.A. ("Dreyfus") has commenced litigation against it in the Supreme Court of British Columbia.
Dreyfus is seeking an independent investigation of the cost overruns to the Boleo Project and Baja's disclosure thereof, as well as the removal of officers and directors which it says share responsibility for Baja's alleged failure to make timely disclosure of the cost overruns.
Baja intends to defend this action vigorously.
Contacts:
Baja Mining Corp.
Tom Ogryzlo
Interim CEO
604-685-2323
604-629-5228 (FAX)
info@bajamining.com
www.bajamining.com