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West Face Capital Inc. Encourages Connacher Board to Consider All Options

Funds managed by West Face Capital Inc. said it is a "significant" holder of both common equity and Senior Secured Notes of Connacher Oil and Gas Limited (CLL.TO). "WFC believes that a comprehensive review of strategic alternatives is in the best interests of both shareholders and creditors of Connacher and encourages management and the Board of Directors to conduct a broad and comprehensive review of available options to maximize value for all stakeholders," it said. West Face Capital Inc. is a Canadian-based investment management firm with assets under management of over $2.2 billion.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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