Rodeo Creek Gold DIP facility order deadline extended through April 8

By Caroline Salls

Pittsburgh, March 25 - Rodeo Creek Gold Inc.'s deadline for obtaining a final order approving its priority term debtor-in-possession facility has been extended through April 8, according to a Monday filing with the U.S. Bankruptcy Court for the District of Nevada.

Originally, the DIP loan agreement required the company to obtain a final order no later than 35 days after its bankruptcy filing date.

However, Rodeo Creek said the final hearing has been continued to April 5. As a result, agent and lender Credit Suisse AG agreed to the extension.

Rodeo Creek Gold, a Reno, Nev.-based mining company, filed for bankruptcy on Feb. 25. The Chapter 11 case number is 13-50301.

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