Inca One Receives Extension of Stay Period
Inca Gold Corp. (TSXV: INCA.H) has announced an extension of the Stay Period under the Companies Creditors Arrangement Act (CCAA) until October 7, 2024. This extension was granted by the Supreme Court of British Columbia through a Second Amended and Restated Initial Order. The company had previously issued press releases on June 4, June 14, and July 25, 2024, regarding the CCAA proceedings. Investors and stakeholders can find additional information about the CCAA proceeding on the Monitor's website. This development indicates that Inca Gold Corp. is continuing to navigate financial challenges and restructuring efforts under court protection.
Inca Gold Corp. (TSXV: INCA.H) ha annunciato un'estensione del Periodo di Sospensione ai sensi della Legge sulle Compagnie Creditori (CCAA) fino al 7 ottobre 2024. Questa estensione è stata concessa dalla Corte Suprema della Columbia Britannica attraverso un Secondo Ordine Iniziale Modificato e Ripristinato. L'azienda aveva precedentemente pubblicato comunicati stampa il 4 giugno, il 14 giugno e il 25 luglio 2024, riguardanti le procedure CCAA. Investitori e parti interessate possono trovare ulteriori informazioni sulle procedure CCAA sul sito web del Monitor. Questo sviluppo indica che Inca Gold Corp. continua a affrontare sfide finanziarie e sforzi di ristrutturazione sotto la protezione del tribunale.
Inca Gold Corp. (TSXV: INCA.H) ha anunciado una extensión del Período de Suspensión bajo la Ley de Acuerdos de Acreedores de Empresas (CCAA) hasta el 7 de octubre de 2024. Esta extensión fue concedida por la Corte Suprema de Columbia Británica a través de una Segunda Orden Inicial Modificada y Restablecida. La empresa había emitido anteriormente comunicados de prensa el 4 de junio, el 14 de junio y el 25 de julio de 2024 en relación con los procedimientos de la CCAA. Los inversores y las partes interesadas pueden encontrar información adicional sobre el procedimiento de la CCAA en el sitio web del Monitor. Este desarrollo indica que Inca Gold Corp. sigue afrontando desafíos financieros y esfuerzos de reestructuración bajo la protección del tribunal.
인카 골드 Corp. (TSXV: INCA.H)는 회사 채권자 배치법(CCAA) 하에 중지 기간이 2024년 10월 7일까지 연장되었다고 발표했습니다. 이 연장은 브리티시컬럼비아주 대법원에 의해 두 번째 수정 및 복원된 초기 명령을 통해 승인되었습니다. 회사는 CCAA 절차와 관련하여 2024년 6월 4일, 6월 14일, 7월 25일에 보도자료를 발행했습니다. 투자자와 이해 관계자는 모니터 웹사이트에서 CCAA 절차에 대한 추가 정보를 찾을 수 있습니다. 이 개발은 인카 골드 Corp.가 법원 보호 하에 재정적 어려움과 구조 조정 노력을 계속하고 있음을 나타냅니다.
Inca Gold Corp. (TSXV: INCA.H) a annoncé une prolongation de la période de suspension en vertu de la Loi sur les arrangements de créanciers des sociétés (CCAA) jusqu'au 7 octobre 2024. Cette prolongation a été accordée par la Cour suprême de la Colombie-Britannique par le biais d'un deuxième ordre initial modifié et rétabli. L'entreprise avait précédemment publié des communiqués de presse les 4 juin, 14 juin et 25 juillet 2024, concernant les procédures de la CCAA. Les investisseurs et les parties prenantes peuvent trouver des informations supplémentaires sur la procédure CCAA sur le site Web du Moniteur. Ce développement indique qu'Inca Gold Corp. continue de naviguer à travers des défis financiers et des efforts de restructuration sous la protection du tribunal.
Inca Gold Corp. (TSXV: INCA.H) hat eine Verlängerung des Aufschubzeitraums nach dem Companies Creditors Arrangement Act (CCAA) bis zum 7. Oktober 2024 angekündigt. Diese Verlängerung wurde vom Obersten Gerichtshof von British Columbia durch eine zweite geänderte und wiederhergestellte ursprüngliche Anordnung gewährt. Das Unternehmen hatte zuvor am 4. Juni, 14. Juni und 25. Juli 2024 Pressemitteilungen zu den CCAA-Verfahren herausgegeben. Investoren und Interessengruppen finden weitere Informationen zu den CCAA-Verfahren auf der Website des Monitor. Diese Entwicklung zeigt, dass Inca Gold Corp. weiterhin finanzielle Herausforderungen meistert und unter Gerichtsschutz Umstrukturierungsmaßnahmen durchführt.
- None.
- Company remains under CCAA protection, indicating ongoing financial distress
- Extension of Stay Period suggests prolonged restructuring process
- Potential negative impact on shareholder value due to creditor proceedings
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2024) - Inca Gold Corp. (TSXV: INCA.H) (the "Company") announces that, further to the Company's June 4, 2024, June 14, 2024 and July 25, 2024 press releases and pursuant to the Companies Creditors Arrangement Act ("CCAA"), the Supreme Court of British Columbia extended the Stay Period under a Second Amended and Restated Initial Order until October 7, 2024.
Additional information regarding the CCAA proceeding can be found on the Monitor's website at http://cfcanada.fticonsulting.com/incaone.
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/221344
FAQ
What is the new Stay Period extension date for Inca Gold Corp (TSXV: INCA.H)?
When did Inca Gold Corp (TSXV: INCA.H) initially announce its CCAA proceedings?
Where can investors find more information about Inca Gold Corp's (TSXV: INCA.H) CCAA proceedings?
