Bay Street News

Algoma Central Corporation Announces Collection of Refund Guarantees

(TSX : ALC)

ST. CATHARINES, ON, March 31, 2016 /CNW/ – Algoma Central Corporation (“Algoma” – www.algonet.com) is pleased to announce that it has received payments totalling US$53.4 million  from refund guarantees related to the cancellation of three shipbuilding contracts….