Class Action Commenced Against Baja
Vancouver, July 27, 2012 ? Baja Mining Corp. ($B!H(BBaja$B!I(B) (TSX: BAJ - OTCQX: BAJFF) announces that class action proceedings have been commenced against Baja and certain of its present and former directors and employees under the Class Proceedings Act (Ontario). The proceedings have been commenced by Joseph Sue-Tang, who seeks an order certifying the proceeding as a class proceeding and his appointment as a representative plaintiff. Mr. Sue-Tang seeks among other relief a declaration that the defendants made misrepresentations contrary to the Securities Act (Ontario) during a class period extending from November 1, 2010 to April 23, 2012, general and special damages in the amount of $250 million, punitive damages in the amount of $10 million, interest and costs.
Baja is reviewing the claim and will defend itself against the action.
For further information please contact Baja$B!G(Bs Interim CEO Tom Ogryzlo at 604$B!>(B685$B!>(B2323 or via email info@bajamining.com.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This presentation contains forward-looking statements or forward-looking information (forward-looking statements). These statements can be identified by expressions of belief, expectation or intention, as well as those statements that are not historical fact. Forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements contained in this press release are based on our current estimates, expectations and projections, which the company believes are reasonable as of the current date. Actual results could differ materially from those anticipated or implied in the forward-looking statements and as a result undue reliance should not be placed on forward-looking information. Additional risks and uncertainties can be found in company$B!G(Bs reporting documents filed on SEDAR (www.sedar.com), including its Management Discussion and Analysis in respect of the three month period ended March 31, 2012. Forward-looking statements are given only as at the date of this presentation and the company disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
__________________________________
To unsubscribe from this mailing list, please send an email to: info@bajamining.com
--------------------
Baja Mining Corp. | BAJ:TSX - BAJFF:OTCQX
T 604 685 2323 | F 604 629 5228 |
500-200 Burrard Street | Vancouver | BC | V6C 3L6 | Canada | www.bajamining.com
This message contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy this e-mail. Please notify the sender immediately by e-mail if you have received this e-mail by mistake and delete this e-mail from your system. E-mail transmission cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. The sender therefore does not accept liability for any errors or omissions in the contents of this message, which arise as a result of e-mail transmission. If verification is required please request a hard-copy version. Baja Mining Corp., 500-200 Burrard Street, Vancouver, BC, V6C 3L6 Canada www.bajamining.com.