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The Hammerstone Quarry Project is an expansion of Birch Mountain Resources' Muskeg Valley Quarry in Northern Alberta, near Fort McMurray, where Birch Mountain owned mineral rights on nearly one million acres in the heart of the oil sands region. The Hammerstone Quarry Project had approximately 1 billion tonnes of proven and probable limestone reserves for use to meet the projected demands for limestone and limestone products in the Athabasca region to the year 2060, where there is a known shortage of quality aggregate and limestone materials. Limestone products were to include construction aggregate for concrete and asphalt, as well as limestone-based products for cement and flue-gas desulphurization(FGD) for the oil sands extraction process.〔Shute, Toby.("A Lode of Limestone at Birch Mountain" ),’’The Fool.com’’, U.S, 20June2007 Retrieved 5July2012〕 File:Hammerstone_Project.jpeg#/media/File:Hammerstone_Project.jpeg == Recent History == PricewaterhouseCoopers(PwC) was appointed receiver of Birch Mountain Resources in November 2008 at the request of Tricap Partners Ltd., when Birch Mountain defaulted on its debts. The assets which included nearly 1 billion tonnes of limestone reserves, along with permits and leases for limestone and other minerals covering over 700,000 additional acres transferred to Tricap Partners Ltd, now operating under the Hammerstone Corporation, a subsidiary of Brookfield Special Situations Group for approximately $50 million.〔("Birch Mountain names receiver" ),’’Calgary Herald’’, Canada, 7November2008 Retrieved 1July2012〕 The assets from the Hammerstone Quarry Project were valued at over $1.6 Billion dollars in an independent NI 43-101 Technical Report conducted by AMEC in 2006.〔("Material Change Report" ),''Securities Exchange Commission'', U.S. 2August2006 Retrieved 25August2012〕 The study also looked at market demand and supply in the area.〔Whiteley, Don. ("Oilsands with a Twist of Limestone" ),’’Stockhouse.com’’, Canada, 30June2006 Retrieved 10July2012〕 The Hammerstone Corporation is currently operating the quarry which recently announced a new business contract.〔("Trimac Transportation gets $36M limestone hauling contract from Hammerstone" ),’’The Canadian Press’’, Canada, 31May2012 Retrieved 5July2012〕 The Birch Mountain common stock traded as high as $7.99 and went to less than .01 cent a share by November 2008. The Birch Mountain Shareholders for Justice began working on their case and on September 22, 2010 a lawsuit against Brookfield Asset Management was filed with the Superior Court of Justice in Ontario, Canada. The lawsuit challenges the acquisition and transfer of the approximately $2 billion asset from a public company, Birch Mountain Resources, to a private company, the Hammerstone Corporation, a subsidiary of Brookfield Special Situations Group (formerly Tricap Partners LTD).〔Gray, Jeff. ("Squeezed-out Birch Mountain shareholders take on Brookfield" ),’’The Globe and Mail’’, Canada, 15November2011 Retrieved 1July2012〕 Both Brookfield and the plaintiff spent much of 2011 arguing on whether the trial should be held in Ontario, where Brookfield Asset Management is incorporated, or in Alberta, where the assets are located. The defendant, Brookfield, filed a motion that the plaintiff lacked jurisdiction in Ontario with the Superior Court of Justice and Brookfield's motion was upheld by the courts, which also awarded Brookfield costs.〔Todd, Jeffrey. ("Brookfield fights legal battle in Canada over asset transfer" ),’’The Nassau Guardian’’, Bahamas, 26January2012 Retrieved 22July2012〕 In November, 2012, the Supreme Court of Canada declined to hear an appeal of the Ontario court's decision on jurisdiction, and again awarded Brookfield costs. On May 1, 2014 a Case Management Order was entered by the Honourable Madam Justice Strekaf transferring the Ontario Superior Court Action to the Court of Queen's Bench of Alberta. Then on May 14th an Order was entered by the Honourable Justice Perell that the stay of the Ontario Superior Court Action bearing Court File Number 10-CV-410910, ordered April 26, 2011 be vacated and be transferred to the Court of Queen's Bench of Alberta. Based on this decision, an Amended Statement of Claim bearing Court File Number 1401-05797 was filed in the Court of Queen's Bench of Alberta on May 27, 2014, with former NHL star Lanny McDonald being named as the Representative Plaintiff for the Birch Mountain shareholders. The Case is on-going and expected to be heard in October.〔Gray, Jeff. ("Canadian hockey hero Lanny McDonald heading shareholder fight" ), ''The Globe and Mail'', Canada, 4June2014 Retrieved 17August2014〕 The case was dismissed, after the judge ruled it had no legal merit in April, 2015.〔''(McDonald v Brookfield Asset Management Inc )'', 2015 ABQB 281〕 On May 25, 2015, the plaintiffs filed a notice of appeal and the Appeal Factum is due November 18, 2015. The case and is expected to be heard in early 2016.〔(【引用サイトリンク】url=http://www.brookfieldclassaction.com/case.htm#_civil_notice_of_appeal_may25_2015 )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Hammerstone Project」の詳細全文を読む スポンサード リンク
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