Amed Funds Announces The Completion Of Its Purchase Of Canada Fluorspar
06/12/23, 9:44 PM
Location
newfoundland
AMED Funds ("AMED") and Clariti Strategic AdvisorsTM ("Clariti") are pleased to announce the completion of the purchase by a portfolio company of AMED Fund IV of Canada Fluorspar Inc., the parent company of the Canada Fluorspar mine in St. Lawrence, NL ("Canada Fluorspar"). The transaction closing follows many months of review, analysis and negotiations and discussions with several stakeholders, including the senior lenders to Canada Fluorspar, the DIP lenders, Grant Thornton (as court-appointed Monitor) and the Province of Newfoundland and Labrador (the "Province").