Statement by the Catalyst Capital Group on Proposed Mobilicity Restructuring
TORONTO, ONTARIO — (Marketwired) — 04/26/13 — The Catalyst Capital Group is encouraged to see that today-s court orders maintain the parties- substantive rights. However, Catalyst is concerned that it is hard to see how the proposed plans would provide the capital required for Mobilicity to grow its business, acquire spectrum or provide viable, sustainable services to Canadian consumers. In fact, the conditions on the proposals may result in the opposite outcome.Catalyst notes the following