That was then (October 2013):
Mr. Nelson makes several allegations in his claim, including: alleging a key role in recognizing the mineral potential of the El Roble project and acting as a founder of Atico; alleging the existence of a partnership or joint venture; and alleging oppressive and unfair treatment related to the issuance of shares, benefits and his exclusion from the management of Atico. Mr. Nelson seeks various relief, including: claiming payment of a finder's fee of approximately $436,000 in connection with the El Roble project; seeking the right to purchase 2,500,000 additional shares of Atico at a pre-IPO subscription price from Atico, or alternatively, the individual defendants; seeking appointment to the board of directors of Atico or accorded such other meaningful and ongoing role in the affairs of Atico; and claiming other damages and costs in addition to the amounts already paid to him for his geological consulting services.
The allegations of Mr. Nelson have not been proven. The Company disputes Mr. Nelson's claims and will defend itself in this matter.
This is now (December 2015):
"Mr. Nelson, the Company and three of its Directors reached a solution satisfactory to all parties whereby Mr. Nelson will receive a cash payment of CAD$550,000, of which CAD$200,000 will be paid by the Company, and the balance by insurance."