CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Otso Gold Corp is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Otso Gold Corp
181 Bay Street, Suite 1800
Phone: (416) 572-2214p:416 572-2214 TORONTO, ON  M5J 2T9  Canada Fax: (604) 602-9867f:604 602-9867
Placed under Receivership on 1/14/2022
On 12/3/2021, Otso Gold Corp, Otso Gold OY, Otso Gold AB and 2273265 Alberta Ltd. commenced court-supervised restructuring proceedings under the Companies' Creditors Arrangement Act, R.S.C. 1985(CCAA) in the Supreme Court of British Columbia. The Court appointed Deloitte Restructuring Inc. to act as Monitor for the Companies.
On 1/14/2022, Otso Gold Corp entered Receivership.
Deloitte Restructuring Inc. was appointed as the Receiver, without security, of all of the assets, undertakings and property of the Debtor, including all proceeds thereof.
This company is no longer actively traded on any major stock exchange.
Business Summary
Otso Gold Corp. is a Canada-based gold mining company. The Company through its Swedish and Finnish subsidiaries own 100% of the Otso Gold Mine (the Mine) in Finland. The Mine consists of fully built approximately 2 million tons per annum gold processing facility with the associated infrastructure in place. In addition, the Mine has two open pits, the North Pit and South Pit, mined to approximately 50 meters and approximately 25 meters respectively. Otso Gold Mine holds approximately 1500 hectares of mining leases in Finland. The Otso Gold deposit is located in the Svecofennian orogenic belt, part of the Archean-Palaeoproterozoic Fennoscandian Shield, which formed approximately 1900 Ma. The Company also owns approximately 49% of a Copper Creek porphyry copper gold exploration project situated in the golden triangle in British Columbia, Canada.
(Source: Company's Website)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
7/31/20211/31/2021Yes----

Industries
SIC Code Description
1041 Gold ores

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Executive Officer, Director BrianWesson 7/2/2019 7/2/2019
Chief Financial Officer MarkGelmon 5/1/2020 5/1/2020
Vice President, Director ClydeWesson 7/2/2019 7/2/2019
Independent Director YvetteHarrison 7/2/2019 7/2/2019
Independent Director Christopher A.Towsey 2/28/2020 2/28/2020

Business Names
Business Name
Firesteel Resources Inc.
FTR
NOR
OTSO
OTSO.H

General Information
Outstanding Shares: 1,009,569,968 (As of 11/1/2021)
Shareholders: 7,528
Stock Exchange: NEX
Fax Number: (604) 602-9867


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Tuesday, April 2, 2024