General Moly Inc. today announced that the Company and its U.S. subsidiaries filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Colorado to pursue a financial and operational reorganization designed to allow the Company to reduce its outstanding liabilities and [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum mineral development company, today announced that the staff of NYSE Regulation has determined to commence proceedings to delist the Company's common stock from the NYSE American Exchange. Trading in the Company's common stock has been suspended. As previously announced, the [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum mineral development company, today announced that on August 31, 2020, it received a deficiency letter from the NYSE American stock exchange indicating that the Company is below compliance with Section 1003 , Section 1003 , and Section 1003 of the NYSE American Company Guide [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum mineral development company, today announced that on September 1, 2020, it entered into a binding letter of intent with Pathfinder Minerals LLC, a Nevada corporation , for the sale by the Company of Liberty Moly LLC and all assets owned by the Company that constitute the [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum development company, announced its financial results for the second quarter of 2020 . Due to the Company's inability to obtain financing to date, the Company's inadequate cash to continue operations past the third quarter of 2020, the impact of the COVID-19 pandemic on [...]
General Moly Inc. , the only western exchange listed, pure-play molybdenum mineral development company, announced that it received stockholder approval for all proposals submitted to stockholders at the resumption its Annual Meeting of Stockholders held on July 17, 2020, in Lakewood, Colorado, following the adjournment of the Annual Meeting of [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum mineral development company, today announced that it convened and then adjourned, without conducting any business, its annual meeting of stockholders held on June 19, 2020, at 9:00 a.m., local time, until Friday, July 17, 2020 at 9:00 a.m., local time, at which time the [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum development company, announced its financial results for the first quarter of 2020 . 1Q 2020 and year-to-date highlights: Moly prices had generally stair-stepped upward each week in the past month until the prices eased this week to a current price of $8.83 per pound , after [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum development company, announced its financial results for the full year 2019. Fourth quarter 2019 and year-to-date highlights: In addition to receiving its water permits, the Mt. Hope Project became fully permitted and now construction ready when the federal Bureau of Land [...]
General Moly Inc. will be featured on BTV's CEO Clips on the BNN Bloomberg Channel in Canada on Saturday, April 18 and Sunday, April 19, 2020, throughout the day and evenings. Chief Executive Officer Bruce D. Hansen presents an overview of General Moly and comments on the moly market in the CEO Clips video, which is also available for viewing at [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum mineral development company, previously announced that on September 12, 2019, it received a deficiency letter from the NYSE American stock exchange indicating that pursuant to Section 1003 of the NYSE American Company Guide, the Company's common stock has been selling for a [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum mineral development company, announced that molybdenum spot prices have outperformed the vast majority of metal and energy commodities so far in 2020. The current weekly moly price per pound of $10.65 increased 11% in the past month, 16% year to date, and recovered 29% from [...]
