Silver Phoenix Resources (TSE:ATL) has released an update.
Atlas Global Brands Inc. has initiated a court-approved sales and investment solicitation process to explore options for the sale or investment in its business assets, which may include a full or partial transaction. The process, managed by Ernst & Young as the appointed monitor and assisted by Atlas Global’s management, is designed to be fair and accessible to qualified interested parties, with a submission deadline for letters of intent set for September 6, 2024.
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