EarthFirst Canada Inc. - Sale of the Dokie Project closes
/NOT FOR DISSEMINATION IN THE
Consistent with prior announcements, there will not be any recovery for EarthFirst's shareholders arising out of the sale of the Dokie Project and the proposed amalgamation with Maxim, and EarthFirst does not expect its common shares to resume trading on the
Certain statements included in this news release constitute "forward-looking information" within the meaning of applicable securities legislation including the timing of distributions to creditors; the timing and continuance of CCAA protection and the timing of the proposed amalgamation with Maxim. Such forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of EarthFirst to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.
Specifically, some of the material risks include the uncertainty involved in the Court proceedings and the implementation of a Plan under the CCAA, and the risks involved in completing the sale of the Dokie Project and the proposed amalgamation with Maxim.
The forward-looking information contained in this news release represents the expectations of EarthFirst as at
For further information: Brian Trypka, Chief Restructuring Officer, EarthFirst Canada Inc., Tel: (403) 513-0780, Toll Free: 1-877-513-0777, E-mail: [email protected]; Derren Newell, VP, Finance and Chief Financial Officer, EarthFirst Canada Inc., Tel: (403) 513-0766, Toll Free: 1-877-513-0777, E-mail: [email protected]
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