Markets.News
In Calgary, Alberta on August 7, 2025, FLINT Corp. (TSX: FLNT) has revealed plans for a recapitalization deal aimed at slashing the company's debt and annual interest expenses, streamlining its capital structure, and enhancing liquidity. This move comes after a thorough assessment by the company's board of directors, culminating in FLINT striking a definitive recapitalization support agreement with its major shareholder and primary lender, Canso Investment Counsel Ltd. This agreement, made on behalf of certain managed accounts, is designed to create value for FLINT's shareholders and improve its ability to pursue future growth prospects.