PCF Group SA GPW:PCF:
REPORTED ON FRIDAY THAT ITS UNIT GAME ON CREATIVE INC. DECIDED TO START RESTRUCTURING PROCEEDINGS UNDER CANADA’S BANKRUPTCY AND INSOLVENCY ACT
UNIT TO FILE NOTICE OF INTENTION TO MAKE A PROPOSAL TO CREDITORS
FAILURE TO MEET DEADLINE, REJECTIONS OF THE ARRANGEMENT PROPOSAL BY CREDITORS OR COURT'S REFUSAL TO APPROVE WOULD RESULT IN UNIT ENTERING BANKRUPTCY BY LAW
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