Aurbec Mines Inc. has been under a court-appointed receivership since December 17, 2014, when the Superior Court of Québec, on the application of FBC Holdings S.à.r.l., appointed Samson Bélair Deloitte & Touche Inc. as receiver under section 243 of the Bankruptcy and Insolvency Act, in court file 615-11-001402-140. FBC Holdings, the principal secured creditor, holds security over Aurbec's assets excluding the Vezza site, with estimated indebtedness of $33.6 million plus fees, costs and other expenses as of December 17, 2014; the indebtedness of other creditors possibly holding security remains to be determined. Entrepreneur Minier Promec is also listed as a secured creditor. The creditor mailing list, as of December 18, 2014, records related party Maudore Minerals Ltd at $108,682,874.56, the Ministère des Ressources Naturelles et Faune-Québec at $916,107.00, and Forages M. Rouillier Inc. at $555,076.18 among unsecured claims. The receivership remains active.
The court granted an approval and vesting order for the sale to Abcourt Mines Inc. Closing terms, as extracted: Vesting occurs upon issuance of the Receiver's Certificate, which certifies execution and delivery of the Purchase Agreement, payment of the Purchase Price and taxes, and satisfaction/waiver of all closing conditions. Sealed: Asset Purchase Agreement.
Source: Approval and Vesting Order
Motion for the Issuance of an Order Authorizing the Sale of the Assets of the Debtor and a Vesting Order — Application / notice of application
The officer filed report no. Troisième rapport. The Receiver continued a sale process for Aurbec's assets, negotiating exclusively with one bidder since October 2015 while maintaining care-and-maintenance services at the Géant Dormant site to preserve its value.
Source: Third Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Receiver
The officer filed report no. Deuxième rapport. The receiver reports on resolving litigation with Promec and Gestion Abitibi (via assignee 9196609) over hypothecs on the Vezza mine project's movable assets, and seeks court approval to sell certain movable assets to 9196609 to settle the dispute and maximize recovery.
Source: Second Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Receiver
The officer filed report no. Premier Rapport. Géant Dormant's mining operations ceased in November 2014; the receiver has implemented a general maintenance and conservation program and is conducting a bid/tender process for the assets, with bids due July 24, 2015.
Source: First Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Receiver
Receivership order made over Aurbec Mines Inc., opening the proceeding in the Superior Court of Québec under court file No. 615-11-001402-140.
Source: Order Appointing Receiver
Motion for the Issuance of an Order Appointing a Receiver — Application / notice of application
Debtor
Aurbec Mines Inc. - Receivership
Receiver
Deloitte & Touche
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | FBC Holdings S.à.r.l.Security over the Property (Aurbec's assets, excluding Vezza site) — Principal secured creditor; estimated indebtedness of $33.6M plus fees, costs and other expenses as of December 17, 2014; indebtedness of other creditors possibly holding security is to be determined — debtor: Mines Aurbec Inc. · as of 17 Dec 2014 | $33.6M | Notice and Statement of the Receiver |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
183 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Sale approved — The Court approved the sale transaction and authorized execution of the Purchase Agreement.Approval and Vesting Order · 6 Jun 2016
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Abcourt Mines Inc.the Purchased Assets · asset sale · agreement 23 Feb 2016 | Sealed | Approved6 Jun 2016 | Approval and Vesting Order |
Cumulative receipts
$3.8M
As at 11 Dec 2015Third Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Receiver
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Approval and Vesting Order
| PDF · Subscribers | |
| Motion for the Issuance of an Order Authorizing the Sale of the Assets of the Debtor and a Vesting Order | PDF · Subscribers | |
Third Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Receiver
| PDF · Subscribers | |
Second Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Receiver
| PDF · Subscribers | |
First Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Receiver
| PDF · Subscribers | |
Call for Tenders Information Memorandum
| PDF · Subscribers | |
Teaser
| PDF · Subscribers | |
Notice and Statement of the Receiver
| PDF · Subscribers | |
Order Appointing Receiver
| PDF · Subscribers | |
Motion for the Issuance of an Order Appointing a Receiver
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Aurbec Mines Inc. - Receivership” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/aurbec-mines-inc-receivership
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/aurbec-mines-inc-receivership
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.