"On January 27, 2015, CQIM commenced restructuring proceedings in Montréal, Québec, under the Companies’ Creditors Arrangement Act (Canada). As a result, CQIM will be required to obtain Court approval for the sale of the securities of CCOI and CCFNI to Noront with the effect that, as of the closing date, the securities acquired will be free and clear of all liens or any other encumbrances (the “Approval and Vesting Order”)."

The issues brought forward by the FN are frivolous and without merit. They are a total sham.