Callidus Capital Corporation announced that an advance ruling certificate under section 102 of the Competition Act has been issued in connection with its previously announced sale of the commodity division of C&C Resources Inc. for all-cash consideration of approximately $100 million. Closing is expected to occur during the current quarter. Callidus will realize the vast majority of the current carrying value for all of the assets of C&C, which it acquired in 2017 and will retain ownership of C&C's growth-oriented, value-added operations, including its Quesnel, B.C., sawmill, processing facilities and associated logging operations, as well as a plant in Cranbrook, B.C.