Coal

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New World Resources Plc concludes U.S. court process

Wednesday, 10 Sep 2014 02:10am EDT

New World Resources Plc:Says that on Sep. 9 the United States Bankruptcy Court in New York granted its approval for the company’s planned capital restructuring scheme.The court has granted the order for recognition of the scheme process before the High Court of England and Wales as a foreign main proceeding and for related relief giving full force and effect to the scheme under Chapter 15 of the U.S. Bankruptcy Code.This concludes the court process in the United States.Previously, on Sep. 5 the High Court of Justice of England and Wales sanctioned the scheme in order for the terms of the consensual restructuring transaction to be binding on all noteholders.This concluded the court process in the United Kingdom.

Qinghai Sunshiny Mining announces extension of reorganization plan

Monday, 17 Mar 2014 08:00pm EDT

Qinghai Sunshiny Mining Co., Ltd:Says extension of reorganization plan of four months to July 20, according to verdict from Xining People's Court of Qinghai.

Qinghai Sunshiny Mining Co., Ltd updates on reorganization

Thursday, 26 Dec 2013 07:00pm EST

Qinghai Sunshiny Mining Co., Ltd:Says Xining Intermediate People's Court has approved reorganization plan of the company, and announced the completion of reorganization procedure on Dec. 20.

Qinghai Sunshiny Mining Co., Ltd announces subsidiary's liquidation

Tuesday, 24 Dec 2013 07:00pm EST

Qinghai Sunshiny Mining Co., Ltd:Says a branch of Bank of Guizhou has filed to liquidate a Guizhou-based coal company, which is a wholly owned subsidiary of the company on Dec. 20.Says Liupanshui Intermediate Peoples' Court accepted the application and informed the company on Dec. 23.

Qinghai Sunshiny Mining Co., Ltd updates on reorganization

Monday, 2 Dec 2013 07:00pm EST

Qinghai Sunshiny Mining Co., Ltd:Says the company will shrink its total stock issue to 198,926,400 shares from 1,601,845,400 shares as part of the reorganization plan according to the trustee's instruction.Says all shareholders will transfer 12 pct of their holdings (about 23,871,200 shares) and the trustee will cash in the shares.

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Provider: Edison Investment Research
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Provider: Edison Investment Research
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Provider: Edison Investment Research
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Provider: Edison Investment Research
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Provider: Edison Investment Research
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