Supreme Administrative Court of Finland

KITTILA COURT DECISION ISSUED - KITTILA'S OPERATING PERMIT RESTORED TO 2 MILLION TONNES PER ANNUM; TOTAL 2023 GOLD PRODUCTION NOW EXPECTED TO BE NEAR UPPER END OF ANNUAL GUIDANCE RANGE

Retrieved on: 
Friday, October 27, 2023

"We are pleased with the positive ruling by the Supreme Administrative Court of Finland, which allows Kittila to continue to operate at a rate of 2 mtpa.

Key Points: 
  • "We are pleased with the positive ruling by the Supreme Administrative Court of Finland, which allows Kittila to continue to operate at a rate of 2 mtpa.
  • This ruling is consistent with our excellent environmental performance at Kittila, where we are well below the environmental emission limits.
  • In August 2022, the Company appealed the decisions of the Vaasa Administrative Court to the SAC and requested that the SAC restore the permits.
  • Overall, the Company now expects gold production to be near the upper end of its annual production guidance of between 3.24 million ounces to 3.44 million ounces per year in 2023.

Turkiye Garanti Bankasi A.S.: About the annulment action filed against the Turkish Competition Board

Retrieved on: 
Thursday, June 9, 2022

In our Banks public disclosures mentioned above, we disclosed that the annulment action filed by our Bank before the 2nd Administration Court of Ankara regarding Turkish Competition Board's decision dated March 8, 2013 and no.

Key Points: 
  • In our Banks public disclosures mentioned above, we disclosed that the annulment action filed by our Bank before the 2nd Administration Court of Ankara regarding Turkish Competition Board's decision dated March 8, 2013 and no.
  • 2nd Administration Court of Ankara decided to cancel the Competition Board's decision dated 08.03.2013 and no.
  • The legal process is still ongoing and the necessary acts will be conducted by our Bank for the refund of the relevant administrative fine.
  • In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

DGAP-News: Medical Marijuana, Inc. Subsidiary Kannaway(R) Wins High Administrative Court Case to Legally Import CBD Oil in Finland

Retrieved on: 
Tuesday, October 26, 2021

SAN DIEGO, CA - via NewMediaWire -- Medical Marijuana, Inc. (OTC: MJNA) (the "Company"), the first-ever publicly traded cannabis company in the United States that launched the world's first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that the Company's subsidiary Kannaway(R) has won a historic court case in Finland proving the legality of the importation of the Company's cannabidiol (CBD) oil.

Key Points: 
  • "We have been a leader in bringing CBD to Finland, as well as to many other countries across Europe," said Kannaway(R) CEO Blake Schroeder.
  • "We knew that our operations and sales were legal in Finland but receiving this ruling from the Finnish High Supreme Administrative Court is promising for the future of our company and the entire industry.
  • In this case, the Supreme Administrative Court has declared that Kannaway(R) Pure Gold hemp oil is not a medicinal product.
  • Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act.

Medical Marijuana, Inc. Subsidiary Kannaway® Wins High Administrative Court Case to Legally Import CBD Oil in Finland

Retrieved on: 
Tuesday, October 26, 2021

We have been a leader in bringing CBD to Finland, as well as to many other countries across Europe, said Kannaway CEO Blake Schroeder.

Key Points: 
  • We have been a leader in bringing CBD to Finland, as well as to many other countries across Europe, said Kannaway CEO Blake Schroeder.
  • We knew that our operations and sales were legal in Finland but receiving this ruling from the Finnish High Supreme Administrative Court is promising for the future of our company and the entire industry.
  • In this case, the Supreme Administrative Court has declared that Kannaway Pure Gold hemp oil is not a medicinal product.
  • Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act.

The Supreme Administrative Court has partly accepted Valmet's appeal of the reassessment decision it received

Retrieved on: 
Monday, September 13, 2021

HELSINKI, Sept. 13, 2021 /PRNewswire/ --The Supreme Administrative Court has partly accepted Valmet's appeal related to the reassessment decision received by Valmet Technologies Inc concerning tax years 2010-2012.

Key Points: 
  • HELSINKI, Sept. 13, 2021 /PRNewswire/ --The Supreme Administrative Court has partly accepted Valmet's appeal related to the reassessment decision received by Valmet Technologies Inc concerning tax years 2010-2012.
  • The Supreme Administrative Court has ruled in its decision made on September 13, 2021, that the company shall receive a refund of about EUR 4 millionfor additional taxes, late payment interest and penalties.
  • The decision will have a positive impact of about EUR 4 million on Valmet's third quarter 2021 profit for the period.
  • Valmet announced on December 22, 2016, that it had received a reassessment decision from the Finnish tax authority for Valmet Technologies Inc and that it will appeal the decision to Board of Adjustment of the Finnish tax authority.