Perma-Fix Canada receives termination notice from Canadian Nuclear Laboratories on remediation contract

PERMA FIX ENVIRONMENTAL SERVICES INC

PF Canada's task order with CNL terminated for convenience; most work already completed.
Unpaid receivables and unbilled costs due from CNL total approximately $1.6 million.
Approximately $845,000 in contractual holdback payable to PF Canada; CNL has a $1.9M bond for issues.
CNL may assert setoff claim for costs related to termination; PF Canada discussing payment.

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