MONTREAL, July 14, 2026 (GLOBE NEWSWIRE) -- PREMIER HEALTH OF AMERICA INC. (TSX-V: PHA) (“Premier Health” or the “Company”) announces that, in connection
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PREMIER HEALTH OF AMERICA INC. ) announces that, in connection with the restructuring proceedings initiated on June 23, 2026 by the Royal Bank of Canada and the Court-approved restructuring transaction announced on July 3, 2026, Polar Valley Investments Limited has successfully closed the acquisition of all of the equity interests in three affiliates of the Company, namely Solutions Staffing Inc. and Premier Soin Nordik Inc. / Premier Health Nordik Inc. , addresses the Company’s remaining assets, liabilities, and obligations, and works toward winding down the Company’s corporate structure in anticipation of terminating the CCAA Proceedings.
Documents relating to the restructuring process, such as Court orders and Monitor’s reports, are available on the Monitor’s website at . For more comprehensive information regarding the CCAA Proceedings and the Transaction, readers are invited to consult the full text of all of these documents. ”) has been halted. The common shares will remain halted until such date that the TSXV determines.
Certain statements in the preceding may constitute forward-looking statements, including the continuance of the operations of the Company and the date until which trading in the common shares will remain halted. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements.
These factors include the inability to successfully complete the SISP for the remaining assets of the Company, operational disruptions arising from restrictions imposed during the CCAA proceedings, continued suspension of trading of the common shares, and other risks and uncertainties discussed in the management discussion and analysis section of the Company’s interim and most recent annual financial statement. There can be no assurance that such forward looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward looking information. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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