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Metals & Mining Gold

Victoria Gold Corp. is a gold mining company. The Company’s flagship asset is its 100% owned Dublin Gulch property, which hosts the Eagle, Olive and Raven gold deposits along with numerous targets along the Potato Hills Trend including Nugget, Lynx and Rex Peso. Dublin Gulch is situated in the central Yukon, Canada, approximately 375 kilometers (km) north of the capital city of Whitehorse. The... see more

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Victoria Gold Corp > Receivership - What is is and How it Works

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Post by HoneyBadger77 on Aug 15, 2024 4:42pm

Receivership - What is is and How it Works

Key Takeaways:

A receivership is a court-appointed tool that can help creditors to recover funds they’re owed.
It can help troubled companies avoid bankruptcy.
The goal of a receivership is to return companies to profitability.
The court appoints an independent “receiver” or trustee to manage all aspects of a troubled company’s business.
The company’s principals remain in place but they have little authority over the company for the duration of the receivership.

Receivership: What It Is, How It Works, vs. Bankruptcy (investopedia.com)

HB77

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Comment by Random77 on Aug 15, 2024 5:20pm

John may have done everything right, but FN sees him as the devil, that must be sacrificed. I also see no harm done so far. 68 fish deaths with no evidence of poisoning! Are Cananadians crazy? The receiver doesn't know anything, it will not serve environment. Very sad story. [data-taboola-options]{display:none !important;}div[class^="ads__index__adWrapper-"]{display:none ...more

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