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| Home : Baymount Provides Corporate Update |
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Mar 13
2014 |
Baymount Provides Corporate Update |
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TORONTO, ONTARIO--(Marketwired - March 12, 2014) - Baymount Incorporated ("Baymount" or the "Company") (TSX VENTURE:BYM.H), has been evaluating a number of business opportunities within the horse racing and gaming and industries. While any opportunity will require a significant restructuring of the Company's finances and balance sheet, the objective of the Board of Directors has been to leverage Baymount's management expertise in this industry and its strong Board of Directors and shareholder base. To this end the Company will be selling any remaining assets associated with the Quinte racetrack and slots project and work towards negotiating its unsecured liabilities. |
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| Source:http://www.marketwired.com/mw/release.do?id=1888310&sourceType=3 |
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