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“The agreement unites the shareholders of Eco Oro in pursuit of its arbitration claim against the Republic of Colombia,” said Eco Oro.

Anna Stylianides, executive chairman of the company’s board, will serve as interim president and interim CEO, said Eco Oro in a statement.

Eco Oro says that it "believes that the dissidents are engaged in "forum-shopping" in order to find a receptive audience for their purported grievances."