Hart Stores Makes First Payment under The Plan of Compromise and Arrangement

    




 LAVAL, QC, Sept. 27, 2012 /CNW Telbec/ - Hart Stores Inc.  is  pleased to announce that it has made its first payment of $1.0 million  to unsecured creditors under the Plan of Compromise and Arrangement as  previously scheduled. The next payment of $1.0 million is scheduled for  February 2013. 

 About Hart Stores: Hart Stores Inc. operates a network of 60 mid-sized department stores  located in secondary and tertiary markets in Eastern Canada, where the  Company has established a dominant position in many of the communities  that it serves. The stores offer an extensive and differentiated  selection of national and exclusive fashion apparel brands as well as  family footwear, home furnishings, electronics, appliances, giftware,  toys and seasonal goods. 

  

 Neither TSX Venture Exchange nor its Regulation Services Provider (as  that term is defined in the policies of the TSX Venture Exchange)  accepts responsibility for the adequacy or accuracy of this release. 

HART STORES INC.


CONTACT:  Hart Stores Inc.Mr. Robert FarahPresident and COOHart Stores Inc.[phone] 


    

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