Cegielski, Greig, and Malhotra (the “Cegielski Group”) made application for an injunction in the Supreme Court of British Columbia requiring Bank of Montreal to release in excess of $1 million of Company funds to Cegielski Group control. Counsel for Anthony Jackson a director of the Company, opposed
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Montego Resources Inc.
Suite 800, 1199 West Hastings Street, Vancouver, BC, V6E 3T5
T 604-283-1722
F 888-241-5996
Vancouver, B.C. – June 20, 2019 – Montego Resources Inc. (CSE: MY; FRA: 4MO1) (the “Company”
or “Montego”) On May 8, 2019 counsel acting on the instructions of purported Montego board members
Cegielski, Greig, and Malhotra (the “Cegielski Group”) made application for an injunction in the Supreme
Court of British Columbia requiring Bank of Montreal to release in excess of $1 million of Company funds
to Cegielski Group control. Counsel for Anthony Jackson a director of the Company, opposed the
application on the basis that the Cegielski Group were not directors of the Company despite having filed
records indicating such. Counsel for Cegielski Group asked the court to recognize his clients as the proper
directors of the Company, despite not having made an Application seeking this relief. T he Court did not
grant this relief or the requested injunction. It was left with counsel for the Cegielski group to make such
an application. Subsequent to the hearing , counsel for Jackson invited Cegielski Group counsel to make
that application on an expedited time frame but they did not respond and it has since been disclosed in
Stockwatch that Mr. Cegielski has filed a lawsuit against the Company for an advance that was made on
his behalf for Ceglieski Group legal fees, and for management fees he is claiming. Although that claim has
not been served it is apparent that the Cegielski Group have abandoned their claims to be directors of the
Company, and as such Mr. Jackson will take steps to convene the Annual General Meeting and bring the
Company into good standing with the Canadian Securities Exchange.
For Further Information Contact
Anthony Jackson
Director
Phone: 604-283-1722
Email: [email protected]
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER
(AS THAT TERM IS DEFINED IN THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.