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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: July 15 Final Sale Hearing Postponed to Sept. 19

It looks like Pincus needs more time, citing several "actionable bids" being received, the number of bids and the complexity of those bids.

 

Given the number of bids, as well as the strength of those bids, the Special Master and his Advisors require additional time to review bids, choose a Successful Bid, negotiate definitive documentation with the Successful Bidder, and present the Successful Bid for the Court’s consideration with sufficient time for parties-in-interest to comment on to the Special Master’s selection. This process will not be completed in time for a hearing to proceed on the tentative July 15, 2024 Sale Hearing date.

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