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CannTrust Announces Court Approval for C$22 5 Million Debtor-in-Possession and CCAA Exit Credit Facility Financing

Share this article Share this article VAUGHAN, ON, April 30, 2021 /PRNewswire/ - CannTrust Holdings Inc. ( CannTrust or the Company ) (unlisted) announced today that it has obtained approval from the Ontario Superior Court of Justice (Commercial List) under the Companies Creditors Arrangement Act (Canada) (the CCAA ) for the Company s previously announced debtor-in-possession ( DIP ) and CCAA Exit Credit Facility ( Credit Facility ) arranged and agented by Cortland Credit Lending Corporation. As announced by the Company on April 20, 2021, the Credit Facility consists of a revolving loan under which repayments and additional drawdowns will be permitted from time to time, provided that the amounts owing under the Credit Facility shall not exceed the Borrowing Limit of C$22.5 million. The Credit Facility will have a term of 12 months, which may be extended for an additional 12 months upon mutual agreement.

TodayIR: Sinopec Shanghai Petrochemical Company Limited Files 2020 Annual Report on Form 20-F

ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS

Press release content from Globe Newswire. The AP news staff was not involved in its creation. ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS Shell International B.V.April 29, 2021 GMT       Note 2     D   1.     Q1 on Q4 change. 2.     Adjusted Earnings is defined as income/(loss) attributable to shareholders plus cost of supplies adjustment (see Note 2) and excluding identified items (see Reference A).   First quarter 2021 income attributable to Royal Dutch Shell plc shareholders was $5.7 billion, which included net gains on sale of assets of $1.4 billion and gains of $0.4 billion due to the fair value accounting of commodity derivatives, partly offset by redundancy and restructuring charges of $0.5 billion, mainly related to the restructuring plan named Reshape.

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