Rubicon focused on Phoenix project after restructuring
from The Chronicle Journal
Rubicon Minerals has received creditor approval of a restructuring plan that could help the company resume gold exploration at its Red Lake mine. The company said in a news release that it has successfully implemented its refinancing and restructuring transaction pursuant to a plan of arrangement under the Canadian Companies' Creditors Arrangement Act. "I would like to thank the Rubicon team and our advisors for their efforts in the successful implementation of the restructuring transaction," said company president George Ogilvie.
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