2020-04-22 13:43:18 ITHUF iAnthus
04/22/20 04/2213:43 04/22/2013:43 | iAnthus says strategic alternatives review process 'ongoing'iAnthus Capital Holdings responding to a request from the Investment Industry Regulatory Organization of Canadaregarding online media reports with respect to the Company's Strategic Alternatives Review Process. The company said, "The Company's policy is not to comment on speculative media reports and directs readers to its April 6, 2020 news release, iAnthus Announces Default of Interest Obligations to Debenture Holders on March 31, 2020, with respect to the Company's announcement that it formed a special committee, initiated the Strategic Alternatives Review Process and has hired Canaccord Genuity Corp. as its financial advisor. The Strategic Alternatives Review Process is ongoing and there can be no assurance as to what, if any, alternative might be pursued by the Company. In accordance with applicable disclosure requirements, the Company will advise the market of material changes, if and when they occur" | |
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