September 25, 2017 6:30 AM ET

Metals and Mining

Company Overview of Victory Exploration Inc.

Company Overview

Victory Exploration Inc. operates as a private landholder of mining and mineral properties. The company was formerly known as F.W. Lewis, Inc. The company is based in Reno, Nevada. Victory Exploration Inc. operates as a subsidiary of Victory Gold Inc.

9790 Gateway Drive

Suite 200

Reno, NV 89521

United States

Key Executives for Victory Exploration Inc.

Victory Exploration Inc. does not have any Key Executives recorded.

Victory Exploration Inc. Key Developments

Amended Reorganization Plan Approved for Allied Nevada Gold Corp.

The US Bankruptcy Court approved the amended plan of reorganization of Allied Nevada Gold Corp. on October 8, 2015. The debtor has filed its amended plan in the Court on July 23, 2015. As per the plan filed, Administrative Expense Claims of $5 million, Professional Fee Claims of $9.7 million and Priority Claims will be paid in full in cash. DIP facility claim holders will get DIP facility consideration and only DIP backstop lenders shall receive pro-rata share of 3% backstop put option payment. Secured Swap Claims and Secured ABL Claims of $76.4 million and $57.9 million will be paid cash and proceeds of New First Lien Term Loan Credit Facility. Other Secured Claims of $30.1 million will be paid in full in cash. Intercompany Interests and Intercompany Claims will be reinstated. Unsecured claim holders will get recovery between 3.3% to 3.8% and will be paid either 100% of the new common stock or convenience claim distribution. Existing Equity Interests will be cancelled and will receive new warrants. The plan will be funded by cash in hand, New Second Lien Convertible Term Loan Credit Facility, New First Lien Term Loan Credit Facility and New Revolving Credit Facility. The debtor will also issue new common stock and new warrants.

Similar Private Companies By Industry

Company Name Region
101 Pipe & Casing, Inc. United States
2Dye4 Anodizing, Inc United States
3 Dimensional Services, Inc. United States
3D Stone, Inc. United States
4-M Precision Stamping, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Victory Exploration Inc., please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.