GREY:NMKEF - Post by User
Comment by
phantom666on Dec 23, 2019 6:14pm
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Post# 30485719
RE:NMX Didn't File For Bankruptcy
RE:NMX Didn't File For Bankruptcy
For all of yous that a have a good memory but short The Plan of Arrangement was mentioned in the July 19th NR..."Arrangement Pursuant to Section 192 of the Canada Business Corporations Act....Nemaska Lithium sought a preliminary interim order pursuant to the Canada Business Corporations Act, a federal law in Canada under which a solvent corporation can efficiently implement such a complex transaction. The process itself is called an arrangement, a term widely construed, as it aims to encompass novel, complex and unique transactions in the best interest of all stakeholders.