June 1 (Reuters) - Roto-Gro International Ltd (RGI) :
- COMPANY UPDATE-RGI.AX
- UNIT ROTO-GRO WORLD WIDE (CANADA) INC. FILED AN ASSIGNMENT IN BANKRUPTCY PURSUANT TO CANADA'S BANKRUPTCY AND INSOLVENCY ACT
- ASSIGNMENT PRECIPITATED BY SEVERAL FACTORS INCLUDING CO'S SUSPENSION OF ALL INTER-COMPANY TRANSFERS TO UNIT
- RUMANEK & COMPANY LTD. HAS BEEN APPOINTED TRUSTEE IN BANKRUPTCY FOR ROTO-GRO WORLD WIDE (CANADA) INC.
- CURRENTLY WORKING WITH STRATEGIC ADVISORS TO ASSESS OPTIONS, INCLUDING VIABILITY OF VENDING A NEW ASSET INTO CO