Press Release: SLCG : The Securities Litigation Group at Kim Spencer McPhee Barristers P.C. f/k/a Morganti & Co., P.C., Announces That the Settlement Reached in the Class Action Against Colt Resources Inc.

TORONTO--(BUSINESS WIRE)--The Securities Litigation Group at Kim Spencer McPhee Barristers P.C. f/k/a Morganti & Co., P.C., announces that the settlement reached in the class action against Colt Resources Inc., ("Colt"), Nikolas Perrault, Shahab Jaffrey, Joe Kin Foon Tai, and Paul Yeou, alleging misrepresentation in connection with Colt's investment in a Turkish company in July of 2016, has been approved by the Ontario Superior Court of Justice (the "Court"). The settlement provides for the