Energold Drilling Acquisition LP today announced that it has acquired the assets of Energold Drilling Corp. and that the operations have now emerged from the Companies' Creditors Arrangement Act process in Canada. "We're extremely excited to begin this next chapter in Energold's history," announced Brian N. Mittman, the new CEO of Energold. "With the CCAA filing behind us, we look forward to continuing to provide [...]
Trading Symbols: "EGD:TSX.V | EGDFF:US" Energold Drilling Corp. announces that on November 28, 2019, the Company and related companies obtained an order from the Supreme Court of British Columbia extending the relief obtained under an initial order previously granted by the Court on September 13, 2019, including the Court-ordered stay of proceedings under the CCAA Proceeding, up to and including January 31, 2020. ABOUT [...]
Trading Symbols: "EGD:TSX.V | EGDFF:US" Energold Drilling Corp. announces that on October 3, 2019, the British Columbia Securities Commission issued a cease trade order against the Company in connection with the delay in filing its interim financial statements for the three months ended June 30, 2019, including the related management discussion and analysis. The NEX board of the TSX Venture Exchange has suspended trading [...]
Trading Symbols: "EGD:TSX.V | EGDFF:US" Energold Drilling Corp. is providing this second bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders . On August 29, 2019, the Company announced that its interim financial statements for the three months ended June 30, 2019, including the related management discussion and analysis were not filed by the required filing deadline of [...]
Energold Drilling Corp. and its wholly-owned Canadian subsidiaries, Bertram Drilling Corp., Cros-Man Direct Underground Ltd., EGD Services and Omniterra International Drilling Inc. announce that on Friday September 13, 2019 the Canadian Companies sought and obtained an initial order of the Supreme Court of British Columbia granting creditor protection under the Companies' Creditors Arrangement Act. Energold's ...
Trading Symbols: "EGD:TSX.V | EGDFF:US" Energold Drilling Corp. is providing this bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders . On August 29, 2019, the Company announced that its interim financial statements for the three months ended June 30, 2019, including the related management discussion and analysis were not filed by the required filing deadline of [...]
Updates have been made to the news release, Energold Drilling Corp. Announces Filing Under Companies' Creditors Arrangement Act, Commences Sales Process & Arranges $3.7 Million Working Capital Facility, issued 16-Sep-2019 by Energold Drilling Group over CNW. The complete, corrected release follows: Energold Drilling Corp. Announces Filing Under Companies' Creditors Arrangement Act, Sale of Substantially all of Bertram [...]
Trading Symbols: "EGD:TSX.V | EGDFF:US" Energold Drilling Corp. and its wholly-owned Canadian subsidiaries, Bertram Drilling Corp., Cros-Man Direct Underground Ltd., EGD Services and Omniterra International Drilling Inc. today announced that the Canadian Companies have initiated proceedings at the Supreme Court of British Colombia to seek creditor protection under the Companies' Creditors Arrangement Act . Energold's [...]
Energold Drilling Corp. announced today that it has been granted a management cease trade order by its principal regulator, the British Columbia Securities Commission, and a reciprocal MCTO by the Ontario Securities Commission. Energold previously announced on August 29, 2019 that it would not be filing its interim financial statements for the three months ended June 30, 2019 and the related management's discussion and [...]
Trading Symbol: "EGD: TSX.V" Energold Drilling Corp. announced today that it will not be filing its interim condensed consolidated financial statements for the three months ended June 30, 2019 and its management's discussion and analysis relating to the Interim Financial Statements before the prescribed deadline of August 29, 2019 . The Company's personnel is focusing its efforts on exploring strategic alternatives and [...]
Trading Symbols: "EGD:TSX.V | EGDFF:US" The Energold Group announces the appointment of Mr. Mark Berger its Chief Restructuring Officer . Under the direction of the Board of Directors, the CRO will work with existing management to improve liquidity while developing and implementing strategies to ultimately drive and optimize value for all stakeholders. Portage Point will provide Mr. Mark Berger to serve as CRO and other [...]
Energold Drilling Corp. reports that it, and its key subsidiaries, are facing material liquidity issues. As a result the Company is in default of certain payment and financial covenants under its June 15, 2017 C$20.0 million convertible secured note agreement between Energold and a syndicate of noteholders . Extract Advisors LLC , a natural resources investment fund manager, is the administrative agent to the [...]
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