On December 16, 2022, Trevali Mining Corporation announced its intention to sell its 90% interest in the Rosh Pinah Mine located in Namibia to funds advised by Appian Capital Advisory LLP. The transaction was completed on June 27, 2023. As part of the agreement, Appian acquired the shares held by Trevali in GLCR Limited and took on certain capital loans previously owed to Trevali by GLCR's subsidiaries. This transaction received approval on December 21, 2022, by the Supreme Court of British Columbia during the Companies' Creditors Arrangement Act proceedings involving Trevali and Trevali Mining (New Brunswick) Ltd. With the Court's order dated April 24, 2023, Trevali utilized some of the sale proceeds to repay its debt obligations to its senior secured lenders as per the agreement dated August 6, 2020, and also repaid a segment of its secured debt to Glencore Canada Corporation from an agreement of the same date. The transaction was overseen by FTI Consulting Canada Inc., the court-appointed monitor, with legal counsel provided by Blake, Cassels & Graydon LLP for Trevali, and Stikeman Elliott LLP for Appian. Trevali also enlisted National Bank Financial for financial advice and Black Swan Advisors Inc. for restructuring advice. The exact amount of the transaction was not specified