Loading ...Hycroft Mining Corporation Completes Financial Restructuring Process and Emerges from Chapter 11 with $221.7 Million in Financing
RENO, NEVADA–(Marketwired – Oct. 22, 2015) – Hycroft Mining Corporation (previously known as Allied Nevada Gold Corp. and referred to herein as “Hycroft Mining”, “us”, “we”, “it” or the “Company”) is pleased to announce that, effective October 22, 2015, it has completed its financial restructuring process and has emerged from Chapter 11. On October 8, 2015, with the support of the Company’s debt holders and creditors, the Company’s Plan of Reorganization (the “Plan”) was approved by the United States Bankruptcy Court for the District of Delaware.