Clydesdale Capital Group Inc

On August 31, 2022 Clydesdale Capital Group Inc. (“Clydesdale”) filed a Notice of Intention to Make a Proposal (the “NOI”) pursuant to Section 50.4(1) of Part III, Division I of the Bankruptcy and Insolvency Act (Canada) (the “BIA”) and MNP Ltd. was appointed as the proposal trustee (the “Trustee”). Pursuant to Section 50.4(8) of the BIA, Clydesdale has thirty (30) days, unless such time period is extended by the Court, to file a proposal with the Trustee. Creditors will be notified by the Trustee when a proposal is filed, or in the alternative if it fails to file a proposal or comply with the provisions of the BIA.