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The Limestone Boat Company (TSXV:BOAT) confirms pending restructure

Market News, Transport
TSXV:BOAT
17 January 2023 08:30 (EDT)

The Limestone Boat Company (BOAT) has provided a notice of default under its trust indenture between Limestone and TSX Trust Company.

The notice is in regard to the company’s failure to make the interest payment due under the Indenture on January 3, 2023.

The Limestone Boat Company continues to pursue alternative liquidity and financing proposals and remains committed to continuing its long-term operations as soon as possible.

The Limestone Boat Company is the builder of the Limestone, Aquasport and Boca Bay brands.

The Limestone Boat Company Limited (BOAT) opened trading at C$0.005.


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