Gold mining company Atna Resources is seeking to restructure its debts and streamline its operations with the filing of chapter 11 protection, CFO.com reported yesterday. The Golden, Colo.-based company said yesterday that it had filed for protection in the U.S. Bankruptcy Court for the District of Colorado, and its indirect parent, Atna Canada, would also seek ancillary relief in the Supreme Court of British Columbia in Vancouver. After defaulting on a loan and having just $200,000 in cash on hand, Atna said that it intended to restructure its business by attempting to sell assets, resolving various challenges relating to Atna’s main assets, and seeking to modify its capital structure.
