BRIEF-Searles Valley Minerals Initiates Court-Supervised Sale Of Its Critical Minerals Platform

June 15 (Reuters) - Searles Valley Minerals:

  • SEARLES VALLEY MINERALS INITIATES COURT-SUPERVISED SALE OF ITS CRITICAL MINERALS PLATFORM

  • SEARLES VALLEY MINERALS: FILED VOLUNTARY PETITIONS FOR RELIEF UNDER CHAPTER 11 OF US BANKRUPTCY CODE IN US BANKRUPTCY COURT FOR DISTRICT OF DELAWARE

  • SEARLES VALLEY: NEW FINANCING VIA A SUPPLY AND LIQUIDITY AGREEMENT FROM TATA CHEMICALS A JUNIOR DIP FACILITY FROM ITS PARENT KARNAVATI HOLDINGS, INC

  • SEARLES VALLEY MINERALS: SEARLES DOMESTIC WATER COMPANY TO CONTINUE TO PROVIDE POTABLE WATER SERVICE TO CUSTOMERS IN TRONA WITHOUT INTERRUPTION

  • SEARLES VALLEY MINERALS: TATA CHEMICALS NORTH AMERICA TO PROVIDE $20 MILLION LIQUIDITY, CO'S PARENT KARNAVATI HOLDINGS PROVIDING $20 MILLION FINANCING

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