WhereDaily News: Intertain Group Update on Independent Committee Review

TORONTO, ONTARIO--(Marketwired - Feb. 8, 2016) - The Intertain Group Limited ("Intertain") (TSX:IT)(OTCQX:ITTNF) today provided an update on the review of its independent committee (the "Committee") established on December 17, 2015 following the release that day of a report targeting Intertain by a self-described short seller.

As Intertain stated at the time, while it considered the short seller's report to be self-serving and to contain numerous factual inaccuracies and mischaracterizations of data, the Board of Directors, consistent with its responsibilities, requested a thorough review of the report by the Committee. The Committee, which consists only of non-management directors, retained Voorheis & Co. LLP and Stockwoods LLP of Toronto to assist it in structuring and conducting a completely independent review. Deloitte LLP was also retained as an advisor to the Committee.

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