Subsequent Events |
9 Months Ended |
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Nov. 30, 2022 | |
Subsequent Events | |
22. Subsequent Events | 22. Subsequent Events
Entry into an agreement for the sale of an asset held for sale
On December 21, 2022, the Company entered an agreement to sell all of its land in Bécancour, Québec for cash proceeds of $13,695,588 (CDN $18,500,000). The sale is expected to close on or before February 24, 2023 subject to final due diligence and fulfillment of certain customary closing conditions. The land as well as the related land improvements were classified as assets held for sale on the Company’s consolidated balance sheet as at November 30, 2022. |