Sutter Gold Mining Inc. is a Canadian-incorporated former gold-development issuer whose wholly owned operating subsidiary held the Lincoln Mine assets in California. Its last directly retrievable interim filing reported that Lincoln was on care and maintenance while the company depended on secured lender funding and faced a substantial working-capital deficit. RMB Australia Holdings demanded repayment and gave notice of enforcement in May 2019 after an out-of-court sale process failed. A British Columbia court appointed The Bowra Group as receiver over all Sutter assets on May 17, 2019, and the TSX Venture Exchange delisted the common shares effective July 24, 2019. A later California regulatory order records the Lincoln-site ownership change from Sutter Gold Mining Company to Seduli Sutter Operations, so no mineral property is represented as a current Sutter project.
- Commodity
- Au