On November 25, 2020, Rifco Inc. and certain of its directors and officers, announced that they have been served with an originating notice by 933672 Alberta Ltd., Tim Peterson, Ruth Peterson, Sobrick Capital Corp., 812787 Alberta Ltd., Big Country Holdings Ltd., Norman Storch, and Jeffrey Newhouse. The Company stated that the assertions put forward by 933672 Alberta in the originating notice contain meaningful factual errors and erroneous unsupported allegations, and also indicates that 933672 Alberta does not understand that a potential buy-out offer, to all shareholders as summarized is legitimate.