Inca One Receives Court Approval of Claims Process
Inca One Gold Corp. (TSXV: INCA.H) (OTC Pink: INCAF) has received court approval for a Claims Process Order as part of its ongoing Companies' Creditors Arrangement Act (CCAA) proceedings. The order establishes a process for calling and adjudicating all claims against the company. Known creditors will receive a Claims Notice, while others must submit a Proof of Claim Form or Director/Officer Claim Form. The Claims Bar Date is set for September 16, 2024, at 4:00 p.m. (PST). Restructuring Claims have a separate deadline. All claims not received by the applicable deadline will be barred and extinguished. The court-appointed Monitor, FTI Consulting Canada Inc., will oversee the process. Detailed information and forms are available on the Monitor's website.
Inca One Gold Corp. (TSXV: INCA.H) (OTC Pink: INCAF) ha ricevuto l'approvazione del tribunale per un'ordinanza sul Processo di Reclami come parte dei suoi attuali procedimenti ai sensi della Legge sull'Arrangiamento dei Creditori delle Aziende (CCAA). L'ordinanza stabilisce un processo per la presentazione e la valutazione di tutti i reclami contro la società. I creditori noti riceveranno un'Avviso di Reclamo, mentre gli altri devono presentare un Modulo di Prova di Reclamo o un Modulo di Reclamo per Direttori/Dirigenti. La Data di Chiusura dei Reclami è fissata per il 16 settembre 2024, alle 16:00 (PST). I Reclami di Ristrutturazione hanno una scadenza separata. Tutti i reclami non ricevuti entro la scadenza applicabile saranno esclusi e annullati. Il Monitor nominato dal tribunale, FTI Consulting Canada Inc., sovraintenderà il processo. Informazioni dettagliate e moduli sono disponibili sul sito web del Monitor.
Inca One Gold Corp. (TSXV: INCA.H) (OTC Pink: INCAF) ha recibido la aprobación del tribunal para una Orden de Proceso de Reclamos como parte de sus procedimientos bajo la Ley de Arreglo de Credores de Empresas (CCAA). La orden establece un proceso para la presentación y adjudicación de todos los reclamos contra la empresa. Los acreedores conocidos recibirán un Aviso de Reclamo, mientras que otros deberán presentar un Formulario de Prueba de Reclamo o un Formulario de Reclamo de Director/Oficial. La Fecha Límite de Reclamos está fijada para el 16 de septiembre de 2024, a las 4:00 p.m. (PST). Los reclamos de reestructuración tienen una fecha límite separada. Todos los reclamos no recibidos antes de la fecha límite aplicable serán excluidos y extinguibles. El Monitor designado por el tribunal, FTI Consulting Canada Inc., supervisará el proceso. Información detallada y formularios están disponibles en el sitio web del Monitor.
잉카 원 골드 코퍼레이션(주식 코드: INCA.H)(OTC 분홍색: INCAF)이 현재 진행 중인 회사 채권자 합의 법(CCAA) 절차의 일환으로 청구 프로세스 명령에 대한 법원 승인을 받았습니다. 이 명령은 회사에 대한 모든 청구를 제기하고 심사하는 절차를 설정합니다. 알려진 채권자는 청구 통지를 받게 되며, 나머지는 청구 증명서 양식 또는 이사/임원 청구서 양식을 제출해야 합니다. 청구 마감일은 2024년 9월 16일 오후 4시(PST)로 설정되어 있습니다. 구조조정 청구에는 별도의 마감일이 있습니다. 해당 마감일까지 접수되지 않은 모든 청구는 금지되고 소멸됩니다. 법원에서 지정한 모니터인 FTI Consulting Canada Inc.가 이 과정을 감독합니다. 자세한 정보와 양식은 모니터의 웹사이트에서 확인할 수 있습니다.
Inca One Gold Corp. (TSXV: INCA.H) (OTC Pink: INCAF) a obtenu l'approbation du tribunal pour une ordonnance de processus de réclamations dans le cadre de ses procédures en vertu de la Loi sur les arrangements avec les créanciers des sociétés (CCAA). L'ordonnance établit un processus pour formuler et juger toutes les revendications contre l'entreprise. Les créanciers connus recevront un avis de réclamation, tandis que les autres doivent soumettre un formulaire de preuve de réclamation ou un formulaire de réclamation pour administrateurs/dirigeants. La date limite de réclamation est fixée au 16 septembre 2024 à 16h00 (PST). Les réclamations de restructuration ont une date limite distincte. Toutes les réclamations reçues après la date limite applicable seront interdites et annulées. Le monitor nommé par le tribunal, FTI Consulting Canada Inc., supervisera le processus. Des informations détaillées et des formulaires sont disponibles sur le site Web du Moniteur.
Inca One Gold Corp. (TSXV: INCA.H) (OTC Pink: INCAF) hat die Genehmigung des Gerichts für eine Ansprücheprozess-Ordnung erhalten, die Teil ihrer laufenden Unternehmensgläubigerregelungsgesetz (CCAA) Verfahren ist. Die Ordnung legt ein Verfahren zur Einreichung und Überprüfung aller Ansprüche gegen das Unternehmen fest. Bekannte Gläubiger erhalten eine Ansprüchebenachrichtigung, während andere ein Prüfungsformular oder ein Direktor/Offizier-Anspruchsformular einreichen müssen. Das Anspruchsschlussdatum ist auf den 16. September 2024 um 16:00 Uhr (PST) festgelegt. Umstrukturierungsansprüche haben eine separate Frist. Alle Ansprüche, die bis zur geltenden Frist nicht eingereicht werden, werden gesperrt und erlöschen. Der gerichtlich ernannte Monitor, FTI Consulting Canada Inc., wird den Prozess überwachen. Detaillierte Informationen und Formulare sind auf der Website des Monitors verfügbar.
- Court approval of Claims Process Order, providing a structured approach to address creditor claims
- Established process for known creditors to confirm or dispute their claims
- Clear deadlines set for claim submissions, potentially expediting the restructuring process
- Ongoing CCAA proceedings indicate financial distress
- Potential for significant liabilities to be revealed through the claims process
- Risk of claims being barred if not submitted by the deadline, which could lead to legal challenges
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2024) - Inca One Gold Corp. (TSXV: INCA.H) (OTC Pink: INCAF) (FSE: SU92) (the "Company") announced today that, on application by the Company, the Supreme Court of British Columbia has approved a Claims Process Order (the "Order) as part of the Company's ongoing Companies' Creditors Arrangement Act ("CCAA") proceedings. The Order provides for a "Claims Process" pursuant to which the court-appointed Monitor, FTI Consulting Canada Inc. (the "Monitor") and the Company will call for and adjudicate, as necessary, all claims against the Company.
Known creditors with respect to whom the Company and the Monitor have sufficient information to make a reasonable assessment of their claim will be sent a "Claims Notice" setting out the amount and status of their claim. Creditors who receive a Claims Notice do not need to take any further action if they do not wish to dispute the amount or status of their claim as set out in the Claims Notice.
Creditors who receive a Claims Notice but wish to dispute the amount and status of their claim must submit a "Proof of Claim Form" to the Monitor.
All other creditors who wish to assert a claim must submit a "Proof of Claim Form" to assert a claim against the Company or a "Director/ Officer Claim Form" to assert a claim against the Company's directors and officers.
Copies of all Claims Process forms will be available on the Monitor's website at http://cfcanada.fticonsulting.com/incaone/ (the "Monitor's Website").
With the exception of "Restructuring Claims," all Proof of Claim Forms and Director/Officer Claim Forms must be received by the Monitor by no later than 4:00 p.m. (PST) on the "Claims Bar Date" of September 16, 2024. All Proof of Claim Forms with respect to Restructuring Claims must be received by the "Restructuring Claims Bar Date," which is the later of: (a) the Claims Bar Date; and (b) 4:00 p.m. on the day that is seven calendar days after the date that an applicable Notice of Disclaimer or Resiliation is sent to a creditor. Any claims not received by the Claims Bar Date or the Restructuring Claims Bar Date, as applicable, will be forever barred and extinguished.
All claims submitted to the Monitor will be subject to the Claims Process as set out in the Order.
All inquiries regarding Claims Process and Inca One's CCAA proceedings should be directed to the Monitor (email: incaone@fticonsulting.com or telephone: +1-877-294-8998).
Information about the Company's CCAA proceedings, including all court orders, are available on the Monitor's Website.
About Inca One
Inca One Gold Corp is an established gold producer operating two permitted, gold mineral processing facilities in Peru. The Company possesses a combined 450 TPD permitted operating capacity at its two fully integrated plants, Chala One and Kori One, generating over US
Figure 1. Inca One's gold processing facilities in Peru (left: Chala One facility; right: Kori One facility)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2645/221246_9f4150b414334b47_001full.jpg
On behalf of the Board,
Edward Kelly
President and CEO
Inca One Gold Corp.
For More Information Contact:
Konstantine Tsakumis
ktsakumis@incaone.com
604-568-4877
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221246
FAQ
What is the Claims Bar Date for Inca One Gold Corp's (INCAF) creditor claims?
How can creditors submit claims against Inca One Gold Corp (INCAF)?
What happens if a creditor misses the Claims Bar Date for Inca One Gold Corp (INCAF)?
Who is overseeing the Claims Process for Inca One Gold Corp (INCAF)?
