Overview
Crowe MacKay & Company was appointed as Trustee (the “Trustee”) of Orea Mining Corp. (the “Company”) on April 17th, 2024. They carried on business as a gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America. The Company, through its subsidiaries, hold a 44.9% interest in the Montagne d’Or mine development project (the “Project”) in French Guiana. It is not expected that the Project can continued to be developed due to the various exploration permits and licenses being on hold or having expired.
The First Meeting of Creditors is scheduled for May 7th , 2024 at 2PM PST. Please refer to the Notice of Bankruptcy for information on how to attend.
The Trustee is conducting a Sale and Investment Solicitation Process (“SISP”) related OMC’s 100% share ownership interest in Orea Holdings Corp. (“OHC”), a Panamanian company. In turn, OHC holds a 100% interest in two (2) other Panamanian corporations including: Orea South America Corp. (“OSAC”) and Orea Paul Isnard Corp (“OPIC”). OSAC owns 100% of the shares of Orea Guyane SAS. OPIC owns a 44.99% interest in a French joint-venture company called Compagnie Minière Montagne d’Or (“CMMO”). Please review the Teaser for additional information, the bid deadline is June 6, 2024.
For further information, please contact Mr. Tetsu Takagaki at (604) 697 5298 or tetsu.takagaki@crowemackay.ca.
Creditor’s Information
Sale and Investment Solicitation Process