AMERICAN FORK - Clifton Mining Company (OTCBB: CFTN) (Clifton) - "December 2024 Update Report"
Clifton Mining Company (CFTN) has reported several significant developments in its December 2024 update. Desert Hawk Gold Corp. has successfully emerged from chapter 11 bankruptcy with case dismissal. The company has expanded its land holdings by acquiring an additional 640 acres near Gold Hill, Utah, for an initial lease amount under $4,000, bringing total owned and leased property to 14,667 acres. Additionally, American Silver, has declared a distribution of $0.13 per share, resulting in a payment of $239,210.92 to Clifton Mining Company as its largest shareholder.
Clifton Mining Company (CFTN) ha riportato diversi sviluppi significativi nel suo aggiornamento di dicembre 2024. Desert Hawk Gold Corp. è uscita con successo dalla bancarotta del capitolo 11 con il rigetto del caso. L'azienda ha ampliato le proprie proprietà acquisendo ulteriori 640 acri vicino a Gold Hill, Utah, per un importo di affitto iniziale inferiore a $4,000, portando il totale delle proprietà possedute e in affitto a 14,667 acri. Inoltre, American Silver ha dichiarato una distribuzione di $0.13 per azione, risultando in un pagamento di $239,210.92 a Clifton Mining Company in qualità di suo azionista principale.
Clifton Mining Company (CFTN) ha informado sobre varios desarrollos significativos en su actualización de diciembre de 2024. Desert Hawk Gold Corp. ha salido con éxito de la bancarrota del capítulo 11, con la desestimación del caso. La empresa ha ampliado sus propiedades al adquirir 640 acres adicionales cerca de Gold Hill, Utah, por un importe de arrendamiento inicial de menos de $4,000, elevando el total de propiedades poseídas y arrendadas a 14,667 acres. Además, American Silver ha declarado una distribución de $0.13 por acción, resultando en un pago de $239,210.92 a Clifton Mining Company como su principal accionista.
클리프턴 마이닝 컴퍼니 (CFTN)는 2024년 12월 업데이트에서 여러 주요 발전 사항을 보고했습니다. 디저트 호크 골드 코프가 제11장 파산에서 성공적으로 벗어나 사건이 기각되었습니다. 이 회사는 유타주 골드 힐 근처에 640 에이커를 추가로 매입하여 초기 임대 금액이 $4,000 미만인 토지 소유를 확대하였으며, 총 보유 및 임대 재산은 14,667 에이커에 달합니다. 또한, 아메리칸 실버는 주당 $0.13의 배당을 선언하여, 클리프턴 마이닝 컴퍼니에는 $239,210.92의 지급이 이루어졌습니다.
Clifton Mining Company (CFTN) a rapporté plusieurs développements significatifs dans sa mise à jour de décembre 2024. Desert Hawk Gold Corp. a réussi à sortir de la faillite de chapitre 11 avec le rejet de l'affaire. La société a élargi ses propriétés foncières en acquérant 640 acres supplémentaires près de Gold Hill, Utah, pour un loyer initial de moins de $4,000, portant le total des biens possédés et loués à 14,667 acres. De plus, American Silver a déclaré une distribution de $0.13 par action, entraînant un paiement de $239,210.92 à Clifton Mining Company en tant que principal actionnaire.
Clifton Mining Company (CFTN) hat in seinem Update vom Dezember 2024 mehrere bedeutende Entwicklungen gemeldet. Desert Hawk Gold Corp. ist erfolgreich aus dem Chapter-11-Insolvenzverfahren hervorgegangen, nachdem der Fall abgewiesen wurde. Das Unternehmen hat seine Grundstücke erweitert, indem es zusätzlich 640 Acres in der Nähe von Gold Hill, Utah, zu einem anfänglichen Mietpreis von unter $4,000 erworben hat, wodurch die gesamte Anzahl an besessenen und gepachteten Flächen auf 14,667 Acres erhöht wurde. Darüber hinaus hat American Silver eine Ausschüttung von $0.13 pro Aktie erklärt, was zu einer Zahlung von $239,210.92 an die Clifton Mining Company als größte Aktionärin führte.
- Received $239,210.92 distribution from American Silver
- Expanded land holdings by 640 acres, reaching 14,667 total acres
- Desert Hawk Gold Corp. emerged from bankruptcy
- None.
Property Lease Acquisition – Management has been monitoring Trust Lands leasing opportunities and recently the Company successfully bid for and acquired an additional 640 acres of strategically located property close to the Town of Gold Hill,
Notice of December 2024 Distribution – American Silver, LLC declared a
Clifton trades on the OTC Markets under the symbol: "CFTN".
Note: Any statements released by Clifton Mining Company that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward looking statements invoke risk and uncertainties that may affect the company's business prospects and performance.
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SOURCE Clifton Mining Company
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