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Cliffside Capital Ltd. Provides More Information Regarding its Planned Private Placement and Formation of a New Special Purpose Limited Partnership - Press Release - Vimarsana News

Cliffside Capital Ltd. Provides More Information Regarding its Planned Private Placement and Formation of a New Special Purpose Limited Partnership - Press Release

OR FOR DISSEMINATION IN THE U.S./ TORONTO, July 9, 2021 /CNW/ – Further to its press release of June 14, 2021, Cliffside Capital Ltd. (“ Cliffside” or the “ Corporation“) (TSXV:CEP) is providing this update to give more information regarding the Corporation’s planned Offering (described below), formation of a new special purpose limited partnership and the acquisition by that partnership of non-prime consumer automobile loans from a non-arm’s length party (as defined in TSXV Policy 1.1), ACC LP (the “ Vendor“). CAR LP“) As previously announced, Cliffside intends to issue...