Feb 4 (Reuters) - Danier Leather Inc DL.TO :
* Files notice of intention to make a proposal under the bankruptcy and
insolvency act
* Says the company is not bankrupt
* Says Ksv Kofman Inc. has been appointed as the trustee under the NOI
* Says has sufficient resources to fund its operations during the SISP and its
stores will remain open for business during that time
* Says co continues to face declining financial performance and expects further
operating losses in its current fiscal year
* Despite cost reduction initiatives,efforts to effect operational turnaround
plan,co continues to face declining financial performance
* says objective is to complete the SISP by the end of february or early march 2016
* Source text for Eikon ID:nNrmWC10z
* Further company coverage DL.TO