Closing of Previously Announced Restructuring Transaction in Connection with CCAA Proceedings
MONTREAL, July 14, 2026 (GLOBE NEWSWIRE) -- PREMIER HEALTH OF AMERICA INC. (TSX-V: PHA) (“Premier Health” or the “Company”) announces that, in connection with the restructuring proceedings initiated on June 23, 2026 by the Royal Bank of Canada (the “Applicant”) in its capacity as a secured creditor (the “CCAA Proceedings”) and the Court-approved restructuring transaction announced on July 3, 2026, Polar Valley Investments Limited (“Polar”) has successfully closed the acquisition of all of the
MONTREAL, July 14, 2026 (GLOBE NEWSWIRE) -- PREMIER HEALTH OF AMERICA INC. (TSX-V: PHA) (“Premier Health” or the “Company”) announces that, in connection with the restructuring proceedings initiated on June 23, 2026 by the Royal Bank of Canada (the “Applicant”) in its capacity as a secured creditor (the “CCAA Proceedings”) and the Court-approved restructuring transaction announced on July 3, 2026, Polar Valley Investments Limited (“Polar”) has successfully closed the acquisition of all of the equity interests in three affiliates of the Company, namely Solutions Staffing Inc. (“SSI”), Canadian Health Care Agency Ltd. (“CHCA”) and Premier Soin Nordik Inc. / Premier Health Nordik Inc. (“Nordik Québec”) (the “Transaction”).
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