Receiver Appointed for NIR Diagnostics Inc.
October 17 2008 - 1:34PM
Marketwired
Pursuant to an order (the "Order") of the Ontario Superior Court of
Justice on October 8, 2008, Deloitte & Touche Inc. was
appointed as interim receiver and receiver and manager ("Receiver")
of NIR Diagnostics Inc. (TSX VENTURE: NID) (the "Company"). The
appointment of the Receiver was made at the request of a secured
creditor of the Company. A copy of the Order, setting out the
rights and powers of the Receiver will be filed on SEDAR at
www.sedar.com. The Receiver has been advised that all of the
directors of the Corporation have tendered their resignations. The
Chief Executive Officer is not being employed by the Receiver. The
Receiver is assessing its requirements for other members of senior
management.
Contacts: Gardiner Roberts LLP Jonathan Wigley Counsel to the
Receiver (416) 865-8250 Email: jwigley@gardiner-roberts.com
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