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Elevation Gold Commences Restructuring, Halts Mining

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Elevation Gold Commences Restructuring, Halts Mining

Elevation Gold Mining Corporation (TSE:ELVT) has released an update.

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Elevation Gold Mining Corporation has secured initial creditor protection under the CCAA, with plans to restructure and maximize company value amidst operational changes, including a temporary halt to mining at the Moss Mine. The company’s management will continue running day-to-day operations under the oversight of the appointed Monitor, KSV Restructuring Inc., as they explore strategic options during this period.

For further insights into TSE:ELVT stock, check out TipRanks’ Stock Analysis page.

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