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Interra suspends shares and seeks legal guidance after Myanmar report claims

Report by Finance Uncovered and Justice for Myanmar alleges operator has 'long enjoyed a close relationship' with the military junta

Interra Resources has suspended trading of its shares and is seeking legal advice following a report by the United Nations Special Rapporteur on Myanmar, Tom Andrews, which accused the company of being involved in a "gold scam" that allegedly funds the Myanmar military. The report claims that Interra, along with other companies, has been part of a scheme where gold mining operations are used to generate revenue for the military regime. Interra has denied these allegations, stating that it has not been involved in any gold mining activities in Myanmar since 2017 and that its operations are strictly in the oil and gas sector. The company is currently reviewing the report and consulting with legal advisors to address the claims and protect its interests.

Read the Full Upstream Article at:
https://www.upstreamonline.com/production/interra-suspends-shares-and-seeks-legal-guidance-after-myanmar-report-claims/2-1-1776971