Filing Alert: Montana Tunnels Mining Chapter 11

Montana Tunnels Mining, Inc., a Jefferson City, MT-based owner and operator of an open-pit gold, silver, lead, and zinc mine, filed for Chapter 11 protection on Jul. 27 in the U.S. Bankruptcy Court for the District of Montana.

The company reports $100 million to $500 million in assets and $10 million to $50 million in liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 26-20193.

Key Parties

Counsel:

• James A. Patten
  Patten Peterman Bekkedahl & Green
  Email: apatten@ppbglaw.com

Signatories:

• Patrick Imeson – Chief Executive Officer

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.

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