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Article: SNS Silver Announces Major Development Re: Sunshine Mine.
- Article from:
- Marketwire Canada
- Article date:
- July 20, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Jul 20, 2009 (Marketwire via COMTEX) -- SNS Silver Corporation ("SNS" or the "Company") (TSX VENTURE:SNS) publicly announces its decision to discontinue its possession of the Sunshine Mine in Kellogg, Idaho.
On May 15, 2009 the Bankruptcy Court for the United States District Court, District of Idaho, entered the Memorandum of Decision on Motion to Assume Lease and Motion for Approval of Post-Petition Financing (Dkt. 131) granting Sterling Mining Company's ("Sterling") motion to assume the lease it held on Sunshine Mine until vacating the premises on February 19, 2009. Therein, the District Court concluded that Sterling, as bankruptcy ...