Midway Gold announces that it has filed a Second Amended Joint Chapter 11 Plan of Liquidation and Disclosure Statement for the Plan. As previously announced, on June 22, 2015, Midway, and certain of its subsidiaries and affiliates, including, Midway Gold US Inc., filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States [...]
Midway Gold reports that the previously announced sale of assets from its subsidiaries to GRP Minerals, LLC has closed. The details of the sale can be found in Midway’s press release dated May 13, 2016, on Midway’s website and the website containing information filed in the Chapter 11 bankruptcy case which is located on [...]
Midway Gold announces that GRP Minerals has agreed to purchase various mineral properties of the Company’s subsidiaries. GRP acquired the assets by submitting a Stalking Horse Bid and the Company did not receive any competing bids that qualified as higher and better than GRP’s binding offer.The United States Bankruptcy Court for the District of [...]
Midway Gold announces that Matt Goldfarb has joined the Board of Directors of the Company. Mr. Bill Zisch, President and CEO, stated, “We are pleased to have Matt join the Board of Directors of Midway. His experience with restructuring companies combined with a background in the coal mining business will benefit the Midway Board. I look forward to [...]
]Midway Gold through Midway’s subsidiary, Midway Gold US, and Waterton Global Resource Management jointly announce that they have completed the previously-announced sale of Midway’s 30% interest in the Spring Valley joint venture to a subsidiary of Waterton Precious Metals Fund II Cayman, for a total of US$25 million in cash. Bill Zisch, President [...]
Midway Gold’s subsidiaries, Midway Gold US Inc. and Nevada Talon, executed an asset purchase agreement to sell its 30% interest in the Spring Valley project and certain other assets to Solidus Resources, an indirect, wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, for US$25 million. As announced on Nov 12, 2015, the parties [...]
Midway Gold and Waterton Global Resource Management jointly announce that they have reached an agreement in principle through Midway’s subsidiary, Midway Gold US Inc., to sell its 30% interest in the Spring Valley joint venture to a subsidiary of Waterton Precious Metals Fund II Cayman, LP. Waterton Precious Metals Fund II Cayman, LP has also [...]
Midway Gold has filed a complaint in United States Bankruptcy Court for the District of Colorado, where it filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code on June 22, 2015, seeking authority under Section 363(h) of the Bankruptcy Code to sell 100% of the assets of a joint venture known as Spring Valley [...]
DELISTING REVIEW - Midway Gold Corp. - Further to TSX Bulletin 2015-0647 dated June 22, 2015, TSX has determined to delist the common shares of the Company at the close of business on July 28, 2015 for failure to meet the continued listing requirements of TSX. The common shares will remain suspended from trading. TMX Group's key subsidiaries [...]
Midway Gold announced that it has filed the results for the National Instrument 43-101 Technical Report for the Pan Mine. The technical report was filed on Sedar and can be found at www.sedar.com or on the Company's website. Midway also reports that Brad Blacketor, CFO, has announced his intentions to leave the Company effective July 6, 2015. Bill [...]
Midway Gold received notice from the NYSE MKT indicating that the NYSE MKT has suspended the Company’s common stock from trading immediately and determined to commence proceedings to delist the Company’s common stock pursuant to Section 1003(c)(iii) of the NYSE MKT LLC Company Guide. The NYSE MKT’s determination was based on the previously [...]
DELISTING REVIEW - Midway Gold - TSX is reviewing the common shares of the Company with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The common shares are suspended from trading immediately. TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset [...]