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Thursday, January 22, 2015 10:24:30 PM
"...San Gold Obtains Order to Extend Time to File Proposal
2 hours ago - ACQUIREMEDIA
/NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES./
WINNIPEG, Jan. 22, 2015 /CNW/ - San Gold Corporation (TSX: SGR) ("San Gold" or the "Company") announced today that it had obtained an order granting an extension to the time within which its proposal trustee, MNP Ltd., may file a proposal to its creditors under the Bankruptcy and Insolvency Act (Canada) to
March 13, 2015. The order also granted approval for certain debtor-in-possession financing to San Gold. In addition, the order granted certain court ordered charges in favour of the lender providing the debtor-in-possession financing and certain other parties.
The order and other materials relating to the proceeding may be found at the website of MNP Ltd. at http://mnpdebt.ca/en/corporate-insolvency/corporate-engagements/pages/details.aspx?title=san-gold-corporation.
..."
The Greek vote on the 25th will have an impact on the POG IMHO!
Cheers,
GPB
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