SRX Post Holdings Inc.

May 01, 2008 22:06 ET

SRX Post Holdings Obtains Extension of CCAA Stay Order

MONTREAL, QUEBEC, CANADA--(Marketwire - May 1, 2008) - SRX Post Holdings Inc. (TSX:SRX) today announced that it has obtained an order from the Quebec Superior Court to extend to August 15, 2008 the period of the Court-ordered stay of proceedings against SRX Post Holdings under the Companies' Creditors Arrangement Act (CCAA). The purpose of the stay of proceedings is to provide the Company with an opportunity to develop a plan of arrangement to propose to its creditors.

The Company has been operating under the protection of the Companies' Creditors Arrangement Act (CCAA) since November 19, 2007. On February 29, the protection was extended to May 2, 2008.

Contact Information

  • SRX Post Holdings Inc.
    Marc Girard
    Senior vice-president and CFO
    514-335-2429, Ext. 4690