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Moni001

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Moni001

Re: FROZENFLAME post# 2311

Wednesday, 01/06/2021 8:23:21 AM

Wednesday, January 06, 2021 8:23:21 AM

Post# of 10518
CALGARY, AB, Jan. 6, 2021 /CNW/ - Sundial Growers Inc.'s (Nasdaq: SNDL) ("Sundial" or the "Company") subsidiary special purpose vehicle that owns $51.9 million of aggregate principal amount of senior secured debt (the "Senior Loan"), such amount being inclusive of the payment referred to below, of Zenabis Investments Ltd. ("Zenabis"), a subsidiary of Zenabis Global Inc. (the "Parent") received a principal repayment of $7.0 million on December 31, 2020 (the "Payment") in accordance with the terms of the Senior Loan. Despite the Payment, a notice of default was delivered to Zenabis with respect to certain defaults under the terms of the Senior Loan. Zenabis is disputing said defaults.


$SNDL

My messages and posts are my opinions only.
Please do your own personal research and always consult with a professional for advice in investments.
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