Canadian miner Gabriel Resources' ICSID arbitration claims against Romania dismissed; Romania awarded $10M in legal fees.

Gabriel Resources Ltd., a Canadian miner, had ICSID arbitration claims against Romania dismissed. Romania was awarded $10M in legal fees. Gabriel believes the decision is flawed and plans to review its options, including challenging the ruling. The company has $2M in funds, aiming to raise more for long-term activities and working capital. Lack of funds could impact their financial condition and ability to continue operations.