Atna Resources Ltd. acquires, explores for, develops, and mines mineral properties in the United States and Canada. The company explores for precious metals, uranium, gold, silver, and other minerals. It primarily holds interests in the Briggs mine that consists of 156 unpatented claims covering an area of approximately 2,890 acres located in the Panamint Range near Death Valley, California; and the Pinson Mine Property located in Humboldt County, Nevada. Atna Resources Ltd. was founded in 1984 and is headquartered in Golden, Colorado.
14142 Denver West Parkway
Golden, CO 80401
Founded in 1984
ATNA Resources Ltd.’s Common Stock To Be Deleted From Other OTC
Jul 29 16
ATNA Resources Ltd.'s Common Stock will be deleted from Other OTC due to CUSIP suspended, effective August 1, 2016.
Motion for Asset Sale Approved for Atna Resources Inc.
May 10 16
The US Bankruptcy Court gave an order approving the sale of substantially all the assets of Atna Resources Inc. on May 10, 2016. The debtor has been authorized to sell substantially all its assets to Osgood Mining Company, LLC, DV Natural Resources, LLC, Solitario Exploration & Royalty Corp. and W.R.H. Nevada Properties, LLC, the winning bidders at the auction. The debtor’s assets include gold mining, exploration and development projects, including, without limitation, the Pinson Project, the Briggs Project, the Mag Open-Pit Project, the Columbia Project, certain mineral rights and exploration-stage properties in Canada and in the United States and the debtors’ interest in the Sand Creek Property along with all owned and leased unpatented and patented mining claims, real property leases, personal property, governmental permits, surety bonds, water rights, access rights, executory contracts and unexpired leases, and all other assets and rights owned or leased by the debtors. As per the asset purchase agreement dated May 5, 2016, between Osgood Mining Company, LLC and the debtor, Osgood shall purchase Pinson Project, Columbia Project, Copper Cliffs Royalty and Briggs Royalty Interest for a credit bid of $2.6 million plus assumption of certain liabilities and cure amounts. Jessica C.K. Boelter of Sidley Austin LLP represented Osgood as legal advisors. As per the asset purchase agreement dated May 3, 2016, between DV Natural Resources, LLC and the debtor, DV Natural shall purchase Briggs Project for consideration consisting of the assumption of liabilities. Charles A. Ebetino, Jr. of ENCECo, Inc. represented DV Natural as legal advisor. As per the asset purchase agreement dated May 3, 2016, between Solitario Exploration & Royalty Corp. and the debtor, Solitario shall acquire CR Montana Mineral Rights Royalty for a cash payment of $0.05 million plus assumption of liabilities. As per the asset purchase agreement dated May 3, 2016, between W.R.H. Nevada Properties, LLC and the debtor, W.R.H. Nevada shall acquire CR Montana Mineral Rights for a cash payment of $0.35 million plus assumption of certain liabilities. All the transactions shall close no later than May 13, 2016.
Notice of Auction Results Filed by Atna Resources Inc.
May 2 16
Atna Resources Inc. filed a notice of auction results in the US Bankruptcy Court on May 2, 2016. As per the auction conducted on May 2, 2016, Atna Resources Inc. selected 5 winning bidders for substantially all its assets. Waterton Precious Metals Fund II Cayman was selected as the successful bidder for the sale of Pinson Project, Columbia Project, Copper Cliffs Royalty and Briggs Royalty Interest for a total purchase price of $8.1 million in credit bids plus expressly assumed liabilities for all the purchased assets. DV Natural Resources, LLC was selected as the successful bidder for the sale of Briggs Project for consideration consisting of the assumption of all of Briggs reclamation and environmental obligations, the assumption of the surety bonds issued with respect to the Briggs Project and the related cash collateral and an advance deposit of $0.18 million. Solitario Exploration & Royalty Corp. was selected as the successful bidder for the sale of CR Montana Mineral Rights Royalty for $0.50 million cash payment. W.R.H. Nevada Properties, LLC was selected as the successful bidder for the sale of CR Montana Mineral Rights for $0.35 million cash payment. The execution of an asset purchase agreements for all the sale transactions is expected to be finalized on May 3, 2016.