Besra Gold Inc.
Follow- Proceeding
- NOISection 50.4(1) of the Bankruptcy and Insolvency Act (Canada)
- File
- 31-2047972
- Industry
- Mining · Gold, diamonds & precious metals
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.
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
Debtor
Besra Gold Inc.
Proposal trustee
MNP
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeMNP | Aird & Berlis LLP | 6 May 2016 | Service list · 6 May 2016 |
| DebtorBesra Gold Inc. | Loopstra Nixon LLP | 6 May 2016 | Service list · 6 May 2016 |
| CreditorEuro Pacific Capital Inc | Blake, Cassels & Graydon LLP | 6 May 2016 | Service list · 6 May 2016 |
Closed · the record states no distribution outcome.
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Email address list may 6 2016
| PDF · Subscribers | |
Endorsement of justice swinton april 13 2016
| PDF · Subscribers | |
First report of the proposal trustee october 21 2015
| PDF · Subscribers | |
Report of the trustee on the proposal
| 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., “Besra Gold Inc.” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/besra-gold-inc