Proceedings.

Besra Gold Inc.

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Closed
Proceeding
NOISection 50.4(1) of the Bankruptcy and Insolvency Act (Canada)
File
31-2047972
Filings held4
Last activity6 May 2016
On the record4,035 days
OverviewSummary updated

Besra Gold Inc. filed a Notice of Intention to Make a Proposal on October 19, 2015, under section 50.4(1) of the Bankruptcy and Insolvency Act (Canada), with MNP Ltd. named proposal trustee, in the Ontario Superior Court of Justice, Commercial List (court file no. 31-2047972). The proceeding also cites section 50(5) of the Act. The court granted an interim order in the matter on April 13, 2016.

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Case updates3 dated entries · 1 undated
#Report

The officer filed report no. First Report. BGI is a holding company facing an immediate liquidity crisis with no ability to fund its own operations or those of its operating subsidiaries absent DIP financing, while its Vietnamese and Malaysian mining subsidiaries continue to operate in the normal course outside these proceedings. Court file 31-2047972.

Source: First report of the proposal trustee october 21 2015

Undated filings1 — no date appears on the document · show
—
Report

Report of the trustee on the proposal — Court officer report filed

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Parties

Debtor

Besra Gold Inc.

Proposal trustee

MNP

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
Proposal trusteeMNPAird & Berlis LLP6 May 2016Service list · 6 May 2016
DebtorBesra Gold Inc.Loopstra Nixon LLP6 May 2016Service list · 6 May 2016
CreditorEuro Pacific Capital IncBlake, Cassels & Graydon LLP6 May 2016Service list · 6 May 2016
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Estate financialsReported figures — never derived
Total liabilities at filing

As at ·

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents4 filings
DateDocumentFile
Email address list may 6 2016
  • Counsel Loopstra Nixon LLP
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Endorsement of justice swinton april 13 2016
  • Commencement date 13 April 2016
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no 31-2047972
  • Province ONTARIO
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First report of the proposal trustee october 21 2015
  • Appointee MNP Ltd.
  • Appointee role proposal trustee
  • Commencement date 19 October 2015
  • Cash on hand Subscribers
  • + 11 more extracted facts
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Report of the trustee on the proposal
  • Appointee MNP Ltd.
  • Appointee role Trustee
  • Commencement date 19 October 2015
  • Court SUPERIOR COURT OF JUSTICE (IN BANKRUPTCY AND INSOLVENCY) [COMMERCIAL LIST]
  • + 3 more extracted facts
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Besra Gold Inc.” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/besra-gold-inc

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/besra-gold-inc

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.