RE: Good update17 May 2022 07:25
On March 31, 2022, the COPL received a waiver from its lender with respect to covenant defaults as at December 31, 2021, subject to certain conditions and fees. Due to the waiver, the Company is no longer in technical default on the credit facility and the as a result COPL's indebtedness has been re-classified as a non-current liability as at March 31, 2022.