Mobile Version

    You can use your smart phone to browse stories in the comfort of your hand. Simply browse this site on your smart phone.

    RSS Feeds

    Using an RSS Reader you can access most recent stories and other feeds posted on this network.

    SNetwork Recent Stories
iBrowse All Sites%Contact UsXClose

Yukon Zinc makes offer to creditors owed money by Wolverine Mine – CBC

by ahnationtalk on August 18, 2015409 Views

Aug 17, 2015

Under plan, $4.5 million would be shared between creditors owed a total of $29 million

Yukon Zinc has made an offer to creditors owed money from its shut down Wolverine Mine that would see $4.5 million shared between creditors owed a total of $29 million.

The zinc-silver-copper-lead-gold mine, located between Watson Lake and Ross River, shut down operations in January. Yukon Zinc was granted protection from its creditors in March.

Most of its more than $600 million debt is owed to its parent company, JinDui Cheng Canada Resources Corporation, and is not part of the settlement plan.

Read More: http://www.cbc.ca/news/canada/north/yukon-zinc-makes-offer-to-creditors-owed-money-by-wolverine-mine-1.3193837

Channels:No Channels
Categories:
Send To Friend Email Print Story

This article comes from NationTalk:
https://bc.nationtalk.ca

The permalink for this story is:
https://bc.nationtalk.ca/story/yukon-zinc-makes-offer-to-creditors-owed-money-by-wolverine-mine-cbc

Comments are closed.

NationTalk Partners & Sponsors Learn More