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WestMountain Gold Bankruptcy Plan Amended

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WestMountain Gold filed with the U.S. Bankruptcy Court a first amendment to its Plan of Reorganization.

According to documents filed with the Court, “Article III of the Plan is amended to provide for the following classes of Claims and Interests: Class I – All Allowed Unsecured Claims specified in Section 507 (a) (4) and 507(a)(5) of the Code as having priority; Class 2 – The Allowed pre-petition Secured Claim held be BOCO Investments; Class 3 – The Allowed Unsecured Claims held by unsecured creditors other than as separately classified; Class 3 (a) – The Allowed Unsecured Claim held by Gordon Investments (Alaska); Class 3(b) – The Allowed Unsecured Claim held by BOCO Investments. Class 4 – The Interests held by pre-petition common shareholders; Class 5 – The Interests held by pre-petition preferred shareholders; Terra Class A – All Allowed Unsecured Claims specified in Section 507 (a) (4) and 507 (a)(5) of the Co as having priority; Class B -The Allowed pre-petition Secured Claim held by BOCO Investments; Class C – The Allowed Unsecured Claims held by unsecured creditors other than as separately classified; Class C – The Allowed Unsecured Claims held by unsecured creditors other than as separately classified; Class C.1 – The Allowed Unsecured Claim held by Gordon Investments (Alaska); Class C.2 – The Allowed Unsecured Claim held by Gordon Investments (Alaska); Class C.2 – The Allowed Unsecured Claim held by BOBO Investment; Class D – The Interest held by West Mountain.”

Read more WestMountain Gold bankruptcy news.

The post WestMountain Gold Bankruptcy Plan Amended appeared first on Daily Bankrupt Company Updates | Bankrupt Company News.


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