Veris Gold gets CCAA extension through Feb. 23 from Canadian court

By Kali Hays

New York, Feb. 4 – Veris Gold Corp. obtained an additional extension of its Companies’ Creditors Arrangement Act through Feb. 23 from the Supreme Court of British Columbia, according to a company news release.

The previous extension ran through Feb. 2.

According to the release, Veris is currently reviewing proposed bids for its assets with Deutsche Bank AG and its debtor-in-possession lender Whitebox Advisors LLC.

The company has been operating under CCAA protection and Chapter 15 bankruptcy since June 9, 2014.

Veris is a Vancouver, B.C.-based gold production company. Its Chapter 15 case number in the U.S. Bankruptcy Court for the District of Nevada is 14-51015.

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