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Maple Leaf Green World Resolves Majority of Debt

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Maple Leaf Green World Resolves Majority of Debt

Maple Leaf Green World (TSE:MGW) has released an update.

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Maple Leaf Green World Inc. has successfully negotiated the settlement of 81% of its debt, reaching agreements with the majority of its creditors to resolve outstanding claims. The settlements involve either a reduced cash payment or the option to convert the debt into company shares, with the objective of improving the company’s financial standing and working towards lifting the current cease trade order.

For further insights into TSE:MGW stock, check out TipRanks’ Stock Analysis page.

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