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Stocks in play: AutoCanada Inc.

Baystreet.ca - Baystreet - Mon Sep 30, 8:57AM CDT

Announced an amendment to its senior credit facility that offers additional covenant headroom from September 30, 2024 to September 30, 2025. This amendment provides the Company with enhanced financial flexibility to support its strategic restructuring plan over the next 12 months, focusing on cost reduction, portfolio optimization, and deleveraging. AutoCanada Inc. shares T.ACQ are trading up $0.22 at $16.47.

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