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CALGARY, Jan. 19, 2018 /CNW/ – Manitok Energy Inc. (“Manitok” or the “Corporation“) provides the following update of corporate activities related to various corporate matters and its proposed restructuring plan.
Under certain Collateralized Exchange Listed NotesTM (“CEL Notes“) issued by Manitok, Manitok was required to make an interest payment on November 15, 2017 (the “November Interest Payment“). Due to ongoing liquidity issues and limits on its access to its operating facility with its senior lender, Manitok’s board of directors (the “…
Read the full article at: http://markets.businessinsider.com/news/stocks/Manitok-Energy-Inc-Provides-Update-on-Corporate-Activities-Creditor-Protection-and-Restructuring-Intention-1013360758