LONDON and WINDSOR, ON, July 20 /CNW/ - The law firms of Sutts Strosberg
LLP and Siskinds LLP today announced that they have jointly filed a
$220 million class action against Southwestern Resources Corp.
("Southwestern"). The action arises out of the July 19, 2007 press release
issued by Southwestern advising that certain drill samples taken from its Boka
Gold Project in China were compromised.
The class action is brought on behalf of all persons who acquired shares
of Southwestern in the period August 31, 2005 to July 18, 2007.
Harvey T. Strosberg, Q.C., of the Sutts, Strosberg LLP law firm said,
"Investors are entitled to assume that public companies will ensure that the
integrity of drill core samples will not be compromised. Surely, public mining
companies have learned something about quality control from the events which
occurred 10 years ago!"
Dimitri Lascaris, a lawyer in Siskinds' class actions department, added,
"The resource sector is critically important to the Canadian economy.
Investors must be able to have confidence in the information disseminated by
companies operating in this sector."
For further information:
For further information: please visit www.southwesternclassaction.com;
Harvey T. Strosberg, Q.C. can be reached at (519) 561-6228; Dimitri Lascaris
can be reached at (519) 660-7844