Danier Leather Inc., April 12, 2017

April 12, 2017

Service Canada has not yet given clearance to the Trustee, KSV Kofman Inc., to make distributions to the former employees of Danier. We had originally been informed that clearance from Service Canada should arrive in mid-to-late March. No explanation has been given by Service Canada for the delay.

We understand that the Trustee is following up daily with Service Canada in order to push it to complete its review as quickly as possible so that payments can be made to employees.

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