GREY:WFREF - Post by User
Post by
QUANTUMJUMPon Mar 02, 2016 10:28am
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Post# 24612457
easy $$$
easy $$$The purchaser has confirmed it has completed its applicable filings with and is in receipt of required approvals from the National Development and Reform Commission, Ministry of Commerce, Qingdao branch, and the State Administration of Foreign Exchange in China. An application for court approval of the arrangement is scheduled to be made to the Court of Queen's Bench of Alberta on March 2, 2016. Long Run and the purchaser are diligently working together toward the completion of the required Canadian regulatory approvals, including under the Investment Canada Act and the Competition Act (Canada). The arrangement is currently expected to close in late April, 2016, following the receipt of Canadian regulatory approvals.