TORONTO, July 8, 2024 /CNW/ - Chesswood Group Limited ("Chesswood" or the "Company") (TSX: CHW) is providing a further update on its previously announced evaluation of the strategic direction of the Company being supervised by a special committee of its board of directors (the "Committee") and on its plan to remedy its previously announced non-compliance with its minimum borrowing base covenants under its U.S. $300,000,000 syndicated revolving credit facility (the "Credit Facility").
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