OIC Number: 2009 - 241

Date of Order: May 04, 2009

Statute: Industrial Development Act

OIC Text: The Governor in Council on the report and recommendation of the Minister of Economic and Rural Development dated the 4th day of May, 2009, and pursuant to Sections 2(b), 2(c), 3(1)(c), 3(1)(d), and 5 of

Chapter 222 of the Revised Statutes of Nova Scotia, 1989, the Industrial Development Act, is pleased to: (

a) approve financial assistance by way of a loan to DRUM! Live Inc., in an amount not to exceed One Million and One Hundred Thousand Dollars ($1,100,000.00), on terms and conditions generally as outlined in

Schedule "A" annexed to and forming part of the Report and Recommendation of the Minister of Economic and Rural Development dated the 4th day of May, 2009; and (

b) authorize the Minister of Economic and Rural Development to execute such agreements, documents and instruments as may be required to give effect to this Order.

Department(s): Economic and Rural Development (Jan 2009 - Jan 2011)