Whitebark's Canadian subsidiary hits the wall

WHITEBARK Energy’s Canadian subsidiary, Salt Bush Energy has declared bankruptcy, appointing Deloitte Restructuring as trustee, as it faces an outstanding debt of more than A$17.8 million.

Whitebark's Canadian subsidiary hits the wall Whitebark's Canadian subsidiary hits the wall Whitebark's Canadian subsidiary hits the wall Whitebark's Canadian subsidiary hits the wall Whitebark's Canadian subsidiary hits the wall

Last month Whitebark requested a trading halt be placed on its securities as it reviewed its investment in its wholly-owned Salt Bush, the owner and operator of the group's Wizard Lake oil and gas