The Buck Creek Complex includes Poplar Grove Mine and the permitted Cypress Mine .
In February 2021, the United States Bankruptcy Court for the Western District of Kentucky confirmed Hartshorne’s plan of liquidation. In February 2021, the plan of liquidation became effective, and Hartshorne commenced the final stages of winding up the estates.
Hartshorne executed a liquidation trust agreement and transferred its remaining assets and liabilities to a liquidation trust, as well as assigning remaining critical contracts and insurance policies. Hartshorne funded the carve-out escrow with the majority of Hartshorne’s cash-on-hand and transferred any remaining cash to the liquidation trust. The Hartshorne entities were dissolved on the effective date. The remaining assets will be liquidated by the trustee over time.
There were no mining production activities during the March 2021 quarter. |