Jerritt Canyon Gold Llc acquired Nevada gold mines from Veris Gold Corp. (OTCPK:YNGF.F).
June 25, 2015 at 12:00 am EDT
Jerritt Canyon Gold Llc acquired Nevada gold mines from Veris Gold Corp. (OTCPK:YNGF.F) on June 25, 2015. The majority of the 250 Veris Gold employees at the site were hired and about 20 of the employees, who were working in the Saval 4 Underground were laid off. The sale of the site happened after a Canadian bankruptcy court ordered Veris Gold to sell its assets. William B. Prince of Dorsey & Whitney LLP acted as legal advisor for Jerritt Canyon.
Jerritt Canyon Gold Llc completed the acquisition of Nevada gold mines from Veris Gold Corp. (OTCPK:YNGF.F) on June 25, 2015.