Yes, as the lease agreements mature or come to an end, Lands is placing them in an overholding status until the issues are addressed. Now what that means practically is that the lease continues under the original lease clauses with an overholding status. We will not be entering into any new equity leases; those are a thing of the past, but we believe that this will not prejudice the current holders.
Louis Sebert on Question 820-18(2): Update On Equity Leases
In the Legislative Assembly on September 19th, 2017. See this statement in context.
Question 820-18(2): Update On Equity Leases
Oral Questions
September 18th, 2017
See context to find out what was said next.