Trevali Mining Corporation Settlement Approved, $2.8 Million Fund Settles Class Action Claims

Approval of Settlement for Trevali Mining Corporation

In a significant development for shareholders, KND Complex Litigation has announced the final approval of a settlement involving Trevali Mining Corporation. This settlement is part of a securities class action lawsuit regarding claims made on behalf of shareholders who purchased securities of Trevali between October 9, 2020, and August 15, 2022.

Details of the Settlement

The settlement, which amounts to $2.8 million, is intended to fully resolve the claims of the class members involved in the securities class action filed in the Supreme Court of British Columbia, under case number VLC-S-S-228113. Along with the settlement payment, there will be final releases for Trevali and several of its former directors, who were defendants in the lawsuit. Importantly, this settlement does not imply acknowledgment of liability, misconduct, or any form of fault from the defendants, all of whom have continually denied the claims.

How to Claim Compensation

Eligible shareholders wishing to seek compensation from this settlement must complete and submit a Claim Form. The deadline for submission is December 4, 2025, by 11:59 PM Pacific Time. Interested parties can find further details and access the Claim Form through the Claims Administrator’s website at trevalisettlement.com.

The Claims Administrator team, based in Concilia, can be reached via telephone at 1-888-343-9770 or through email for any questions regarding the settlement process. Claimants are advised to address all inquiries directly to the Claims Administrator to ensure a streamlined process.

Class Counsel Involvement

KND Complex Litigation, located in Toronto, serves as the Class Counsel in this matter. The firm brings considerable expertise in representing investors and consumers in class actions and various forms of complex litigation throughout Canada. For those needing to reach Class Counsel, questions can be directed to Sage Nematollahi at [email protected]

Conclusion

This settlement represents a crucial step towards providing closure for shareholders affected by the legal proceedings involving Trevali Mining Corporation. Eligible class members are encouraged to act promptly and ensure they complete their claims before the deadline to secure their rightful compensation. As the legal landscape continues to evolve, shareholders will find it beneficial to stay informed about their rights and potential actions in cases such as this.