Golden Band Resources continues to try to improve its bottom line and save money.

The company announced it has terminated its vice-president in an effort to streamline operations.

The company also reports that a lawsuit has been laid against it by a capital group from California.

The issue is apparently over unpaid advisory fees.

The amount in question totals $324,000.

Back on February 26th Golden Band halted mining at its Komis Deposit while operations at the Jolu Mill have since been suspended.

Operations at the Roy Lloyd mine continue on.