General Moly, Inc. filed a plan of reorganization with related disclosure statement in the US Bankruptcy Court on December 4, 2020. As per the plan filed, 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.