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Sunniva Announces Extension of Amended and Restated Initial Order Under a Court-Supervised Restructuring Process
Sunniva Announces Extension of Amended and Restated Initial Order Under a Court-Supervised Restructuring Process.
About this update from Sunniva Inc
[{"type":"text","content":"\n\n\n\nSunniva Announces Extension of Amended and Restated Initial Order Under a Court-Supervised Restructuring Process\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSunniva Announces Extension of Amended and Restated Initial Order Under a Court-Supervised Restructuring Process\nCanada NewsWire\nVANCOUVER, BC, Nov. 30, 2020\n\n\n\nVANCOUVER, BC, Nov. 30, 2020 /CNW/ - Sunniva Inc. (\"Sunniva\", the \"Company\") (CSE: SNN) (OTC Pink Sheets: SNNVF), announces that the relief under the amended and restated initial order dated October 19, 2020 (the \"Amended and Restated Initial Order\") under the Companies Creditors Arrangement Act (Canada) (the \"CCAA\") has been extended to December 11, 2020, and the next hearing on this matter is anticipated to be held on such date.\nIn accordance with the policies of the Canadian Securities Exchange (the \"CSE\"), in connection with the CCAA proceedings, the CSE will be reviewing the continued listing of the common shares of the Company.  The common shares of the Company have been subject to a cease trade order since June 22, 2020 for failure to file certain financial documents.  Trading of the shares will continue to be suspended until the CCAA process has been completed and the cease trade order has been revoked.\nFor more information about the Company please visit: www.sunniva.com.\nTo be added to the Sunniva email distribution list please register at www.sunniva.com/email-alerts. \nThe Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.\nCautionary Note Regarding Forward-Looking Information or Statements\nThis press release contains forward-looking information or statements. All statements that are, or information which is, not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are \"forward-looking information or statements\". Forward-looking information or statements can be identified by the use of words such as \"plans...