101100090 Saskatchewan Ltd. o/a Kolibab Mechanical

101100090 Saskatchewan Ltd., operating as Kolibab Mechanical, filed a notice of intention on July 20, 2020, and the proceeding remains active before the Court of King's Bench for Saskatchewan under court file Q.B. No. 872 of 2020. Relief has been framed under sections 50.4(9), 50.6(1) and 64.2(1) of the Bankruptcy and Insolvency Act, which govern extensions of the proposal period, interim financing and administrative charges. As at June 30, 2020, secured debt stood at approximately $977,000, owed to Affinity Credit Union 2013 in the amount of $450,000, Business Development Bank of Canada in the amount of $277,000, and Specific Consulting in the amount of $250,000. The company reported unsecured claims aggregating $722,082 as at the same date, per the Trustee's First Report to Court.