COLLINGWOOD, Ontario, Dec. 23, 2022 (GLOBE NEWSWIRE) -- The Limestone Boat Company ("Limestone" or the “Company”) (TSXV: BOAT | OTCQB: LMSBF) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – announces today that it does not anticipate making the upcoming interest payment on the Company's issued and outstanding debentures due December 31, 2022 and that it intends to pursue financial restructuring initiatives in early 2023.
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