No a cent

Santa Fe Gold on Friday filed papers asking the U.S. Bankruptcy Court in Wilmington, Del., to let it put its assets up for sale in a process that would culminate with a Dec. 15 auction. The assets include its Summit silver and gold mine on the New Mexico-Arizona border and other mining claims in Arizona.
Senior lender Waterton Global Value LP would serve as stalking horse, or lead bidder, with an offer not to bid cash but to instead forgive the debt that it holds in what is called a credit bid. Waterton is owed at least $12.8 million that Santa Fe Gold borrowed before its chapter 11 filing, and it also offered the company $1.58 million in bankruptcy financing. The bid further calls for Waterton to take responsibility for some of Santa Fe Gold's other liabilities.
The first failed merger agreement was reached in February 2013 with International Goldfield Ltd. (IGS.AU), which would have made Santa Fe Gold a subsidiary of the Australian mining company and given it a needed cash infusion of about $7 million. The next year, Canada's Tyhee Gold Corp. (TDC.V) reached a deal with Santa Fe Gold, but the deal fell apart when Tyhee couldn't get the financing required to close.
Can long term holders tell me if it was ever disclosed that the merger had failed?
I'm out and about.
Cheers