Critter Creek Industries Ltd.

Critter Creek Industries Ltd. has been in bankruptcy in Alberta since April 8, 2015, with Grant Thornton Limited acting as trustee under court file 24-1980749, on a basis stated as subsection 102(1) of the Act. The Statement of Affairs (Business Bankruptcy) sworn as at the date of bankruptcy put total assets at $1,081,000.00 against total liabilities of $632,291.89, comprising $364,290.89 owed to unsecured creditors and $268,001.00 to secured creditors, with no preferred or contingent claims, producing a reported surplus of $448,708.11 and a deficiency of NIL. Security held by Canadian Western Bank and Woodridge Ford Lincoln Ltd is over a group of collector automobiles. The largest unsecured claim listed is $150,000.00 owed to Critter Creek Cougar Restorations Inc., followed by $75,000.00 to Darren Patras, the officer who swore the statement. The proceeding remains active.