Bang Energy Canada ULC
Follow- Proceeding
- BankruptcySubsection 102(1) of the Bankruptcy and Insolvency Act
- File
- 500-11-063139-238
Bang Energy Canada ULC remains in active insolvency proceedings. A Statement of Affairs prepared as at November 15, 2023, and estimated by the officer, puts the company's assets at $465,508.00 CAD against liabilities of $3,540,430.00 CAD, a reported deficiency of $3,074,922.00 CAD. Security held for secured creditors is stated at $0.00 and the secured creditor list is nil, leaving the entire claim pool unsecured. The bulk of that pool is intercompany: VPX Vital Pharmaceuticals Inc., identified as a possible related party and parent, is listed at $3,424,678.00 CAD, with further affiliate claims of $13,943.00 CAD and $5,163.00 CAD. Trade and logistics creditors listed include Wild Flavors, Inc. at $40,481.00 CAD, Intramodal Warehouse Inc. at $18,041.00 CAD and Mitchell Lincoln Packaging Ltd at $12,508.00 CAD.
Debtor
Bang Energy Canada ULC
Trustee in bankruptcy
PwC
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | VPX Vital Pharmaceuticals Inc.possible related party (Bang Energy affiliate/parent) — debtor: Bang Energy Canada ULC · as of 15 Nov 2023 | $3.42M | Notice of bankruptcy and first meeting of creditors |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Notice of bankruptcy and first meeting of creditors
| 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., “Bang Energy Canada ULC” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/bang-energy-canada-ulc