Click to access NR02_2016-02-22_Class_Action_Dismissed_FINAL.pdf
Vancouver, February 22, 2016 – Baja Mining Corp. (“Baja” or the “Company”) (TSX-V: BAJ – OTC: BAJFF) is pleased to report that the previously disclosed settlement of the Donohue class action has been approved by the Ontario Superior Court of Justice and, as part of the settlement, the action has been dismissed. In news releases dated October 6, 2015 and November 9, 2015, Baja announced the execution of a settlement agreement (the “Settlement”) between the parties to the Donohue class action litigation (the “Action”) providing among other things that the Action would be dismissed, no liability would be admitted, and the Settlement Amount would be $11,000,000, inclusive of administration and legal costs of the class, and of any other costs or expenses related to the Action or the Settlement. The Settlement Amount will be covered by Baja’s insurers.