Connacher bid deadlines extended under sale process 2016-06-24 17:47 ET - News Release
Mr. Merle Johnson reports
CONNACHER OIL AND GAS LIMITED EXTENDS SISP BID DEADLINES
In response to interested party requests, the bid deadlines have been extended under the sale and investment solicitation process (SISP) being conducted in conjunction with Connacher Oil and Gas Ltd.'s proceedings under the Companies' Creditors Arrangement Act.
The new timeline under the SISP will be as follows:
Phase 1 bid deadline: July 14, 2016
Phase 2 bid deadline: Aug. 10, 2016
Court approval of successful bid(s): Aug. 22, 2016
Closing of transaction(s): Aug. 31, 2016
Interested parties are invited to contact the monitor by phone or e-mail or to go to the monitor's website for further information on the SISP.
Further news releases will be provided on a continuing basis throughout the SISP and CCAA process as may be determined necessary.
We seek Safe Harbor.
© 2016 Canjex Publishing Ltd.