From RM; As I understand it, CCAA is granted to an entity under the understanding that while in CCAA Protection, the entity will work to resolve its financial matters and find an acceptable solution to emerge from protection and avert bankruptcy. Not continuing to explore a solution to emerge from CCAA protection would be a violation. To date the Company has explored solutions, including the path to an ICSID Award or Settlement with Venezuela and using any proceeds to first pay the Creditors - the CCAA Judge appeared to recognize that path having merit from the onset. To date, the largest Creditor (the contentious noteholders) and the Company have not seen common ground and the CCAA protection has continued. CCAA Protection is given is swaths of time, usually 60-90 day increments, where the parties are required to report back to the court on activities and progress for continued consideration and protection if applicable and warranted.

From LK; My opinion is that the Supreme Court rules in our favor and we continue to receive CCAA protection because we are pursuing a path to pay back the noteholders. I do not believe that it is required that we negotiate any further with the noteholders. We settle......everyone takes their piece of the pie, and I NEVER see the initials KRY or CRYFQ again in my life!