Bens Creek Group Plc

BEN

GB00BP814F22

Iron & Steel

Market Closed - London S.E. Other stock markets 07:30:00 16/05/2024 BST			5-day change	1st Jan Change
0.175 ^GBX	-.--%		-.--%	-98.41%

06-07	Bens Creek elects to liquidate the company	AN
06-07	Bens Creek to File for Bankruptcy	MT

Bens Creek elects to liquidate the company

June 07, 2024 at 04:08 pm

Bens Creek Group PLC - owner and operator of metallurgical coal mines across North America - Elects to liquidate the company. This follows a board meeting and subsequent discussions with its advisers. Appoints Hill Dickinson for the process, and will commence immediate proceedings. Expects shortly to make an application to the courts. Under the circumstances cancels the previously announced general meeting which was to be held on Monday.

Current stock price: suspended at 0.18 pence each

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Bens Creek Group Plc

Bens Creek elects to liquidate the company	06-07	AN
Bens Creek to File for Bankruptcy	06-07	MT
CVS sells Dutch and Irish loss-making businesses	05-21	AN
Cash-strapped Bens Creek Receives Another Redemption Notice for Unsecured Notes	05-21	MT
Bens Creek considers administration; Nexxen inks deal	05-16	AN
Bens Creek Mulls Administration Amid Cash Constraint, Suspends London Trading	05-16	MT
Adnams toasts first quarter sales; t42 wins deal	05-13	AN
EARNINGS AND TRADING: Asiamet Resources declares special dividend	05-10	AN
EARNINGS AND TRADING: Asiamet Resources declares special dividend	05-10	AN
Kelso raises stake in NCC; Transense joins project	05-03	AN
Bens Creek makes further Chapter 11 filings in US	04-23	AN
Bens Creek Expects April-end Court Hearing on $14.5 Million Debtor-in-Possession Facility	04-23	MT
Bens Creek Group Gets Requisition Notice for General Meeting	04-23	MT
Bens Creek Group plc Receives a Notice from MBU Capital Group Limited	04-23	CI
Miners lift FTSE 100 but sea of red elsewhere	04-12	AN
Bens Creek in Talks with Top Shareholder Avani Resources to Secure More Funding	04-12	MT
AIM WINNERS & LOSERS: Bens Creek falls as it lays off workers	04-12	AN
Bens Creek shares plunge amid round of lay-offs in West Virginia	04-12	AN
Stocks get boost thanks to growth in UK economy	04-12	AN
Bens Creek down as struggling company inks additional Avani coal order	04-08	AN
Bens Creek Group Unit to Sell 20,000 Tons of Coal to Avani Resources	04-08	MT
Bens Creek Group Draws Down Remaining Working Capital Facility Funds for Mining Projects	03-26	MT
Bens Creek draws additional working capital from largest shareholder	03-26	AN
Bens Creek falls as draws down USD9 million	03-19	AN
Bens Creek Draws Down Working Capital Facility with Top Shareholder	03-19	MT

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Company Profile

Bens Creek Group Plc is a United Kingdom-based holding company that owns and operates metallurgical coal mines. The Company owns and operates a metallurgical coal mine located on over 10,000 acres on the southern part of the state of West Virginia and the eastern edge of Kentucky, in the central Appalachian Basin of the eastern United States of America. The property is comprised of seven adjacent tracts which are controlled through the leases and freehold project land. The property is leased from Pocahontas Land Corporation and Carbon Fuels Inc. and has all the permits necessary to carry out mining operations on the leased properties. Ben's Creek Mining Project has direct access to domestic markets through the Norfolk Southern Railway Companyâs rail network and to export markets through the Lambertâs Point Export Terminal in Norfolk, Virginia. Benâs Creek has recoverable coal reserves of 2.34 million tons and has coal resources of 17.2 million in-place tons.

Sector

Iron & Steel

Calendar

26/08/2024 - Q4 2023 Earnings Release (Projected)

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