SISP

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.


On January 13, 2020 the Court approved an order (the “SISP & KERP Approval Order”), among other things, authorizing the Applicants to commence the sale and investment solicitation process (the “SISP”) for the purpose of soliciting interest in and opportunities for a sale of, or investment, in all or part of the assets and business operations of the Applicants and approving the SISP.

The order also authorized and directed the Applicants and the Monitor to perform their respective obligations and to do all things reasonably necessary to perform their obligations under the SISP.

Unless otherwise defined, capitalized terms used in this section of the website shall be as defined in the SISP or the SISP & KERP Approval Order. The SISP and other materials relating to SISP are posted below.

All inquiries regarding the SISP should be made to the Monitor:

Attention: Wilson Kwan

Tel.: +1 416 815 5138

Fax: +1 416 814 3219
Email: wilson.kwan@pwc.com

The following table sets out the current key milestones under the SISP:

Milestone Deadline
Court Approval of Proposed SISP January 13, 2020
Monitor to Prepare List of Potential Known Bidders January 16, 2020
Companies to Issue Press Release January 16, 2020
Monitor to Publish Notice of SISP in the Globe and Mail (National Edition) January 16, 2020
Monitor to Commence Sending Teaser and NDA to Known Potential Bidders January 17, 2020
Phase 1 Bid Deadline 5 p.m. (Eastern Time) on February 21, 2020
Phase 2 Bid Deadline
5 p.m. (Eastern Time) on March 13, 2020

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Tammy Muradova

Consulting & Deals, PwC Canada

Tel: +1 416 687 8534

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