The US Bankruptcy Court approved the plan of reorganization of General Moly, Inc. on March 30, 2021. The debtor has filed its plan in the Court on December 4, 2020. As per the plan, administrative claims, DIP facility claims of $1.40 million, professional fee claims, priority tax claims and other priority claims of $0.12 million will be paid in full in cash. General Unsecured Claims of $0.27 million, employment claims of $0.83 million, Trade Creditor Claims of $0.2 million and Note Holder Claims of $8.7 million will be recovered 75% in the form of cash. Interests shall be cancelled. The plan will be funded through cash in hand and proceeds of DIP facility.