HashCod-Inc near Cobalt ON (1919 Result(s))

Tembec Inc. announced today thatTemlam Inc. and Jager Building Systems Inc., a subsidiary of Temlam Inc., havemade voluntary assignments in bankruptcy under the Bankruptcy and InsolvencyAct (Canada). these assignments in bankruptcy follow the receipt, by Temlam Inc. andJager Building Systems Inc. of Notices of Intention to Enforce Security issuedby HSBC Canada bank on September 3, 2008. The companies were unable to curedefaults under their financing arrangements due to current economic conditionsin the industry.''Tembec has recently completed a successful recapitalization which hasgiven us a strong balance sheet and liquidity position, said James Lopez,President and CEO of Tembec. It would not be prudent to risk further exposureto these joint ventures through injection of additional capital at this timein light of the current business climate and housing market. For this reason,Tembec and SGF have decided to support the decision of the Boards of Directorsof the two companies and endorse this course of action.

Ivory CapitalIvory Investment Management, L.P. is a research-intensive, fundamental value-based investment firm founded by Curtis Macnguyen in 1998. Headquartered in Los Angeles, Ivory currently manages one long and two long/short equity investment strategies.OverviewIvory's investment strategy objective is to deliver superior, risk-adjusted returns with low correlation to market indices, while protecting capital in all market conditions. Ivory seeks to achieve this objective by: (i) emphasizing superior security selection over broad market exposure, (ii) actively managing the spread risk, or correlation risk, between its long and short books, and (iii) developing processes and systems to optimize its investment process. Ivory has attracted and retained an exceptional group of professionals. The investment team's substantial experience in the investment banking and private equity industries helps to shape the firm's private market approach to public security investing.Curtis MacnguyenFounder and Head Portfolio ManagerCurtis Macnguyen has over 20 years of investment experience.