Brief: Perma-Fix Environmental Services Received Notice Of Termination From Canadian Nuclear Laboratories

Perma-Fix Environmental Services

01/12/2021 22:21

Dec 1 (Reuters) - Perma-Fix Environmental Services Inc
 PESI.O :
    * PERMA-FIX ENVIRONMENTAL SERVICES - ON NOV 24, UNIT
RECEIVED
NOTICE OF TERMINATION (“NOT”) FROM CANADIAN NUCLEAR LABORATORIES
- SEC FILING
    * PERMA-FIX ENVIRONMENTAL SERVICES - NOTICE OF TERMINATION
FROM
CNL ON TASK ORDER AGREEMENT UNIT ENTERED INTO WITH CNL IN MAY
2019
    * PERMA-FIX ENVIRONMENTAL SERVICES - UNIT HAS ABOUT $1.6
MILLION
IN UNPAID RECEIVABLES, UNBILLED COSTS DUE FROM CNL DUE TO WORK
PERFORMED UNDER AGREEMENT
    * PERMA-FIX ENVIRONMENTAL SERVICES - CNL HAS ABOUT $845,000
IN
CONTRACTUAL HOLDBACK UNDER AGREEMENT THAT IS PAYABLE TO UNIT
    * PERMA-FIX ENVIRONMENTAL SERVICES - UNIT IS CURRENTLY IN
DISCUSSIONS WITH CNL ON PAYMENT OF AMOUNTS DUE TO UNIT UNDER
AGREEMENT

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