D & L Mining Corp.
Follow- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 11-3435357
- Industry
- Mining · Gold, diamonds & precious metals
D & L Mining Corp. is in bankruptcy in British Columbia under section 49 of the Bankruptcy and Insolvency Act, effective 9 October 2026 at 14:02, with MNP Ltd / MNP Ltée as trustee under estate file 11-3435357. The Form 78 Statement of Affairs, sworn by Lynda Hedican on the same date, puts stated assets at $545,000.00 — cash of $35,000.00, machinery and equipment of $230,000.00 and other property of $280,000.00 — against liabilities of $19,278,670.99, of which $545,000.00 is secured and $18,733,670.99 unsecured, leaving a stated deficiency of $18,733,670.99. The bankrupt attributes its difficulty to a lack of working capital and funding. The largest listed unsecured claims are 3L Developments at $13,435,869.74, Canada Revenue Agency (Sudbury) at $1,515,385.15 and Lynda Louise Hedican at $996,000.00, the unsecured portion of her $1,541,000.00 related-party claim. Her $545,000.00 secured claim is the only one listed as secured.
Bankruptcy took effect at 14:02 under section 49 of the BIA, MNP Ltd / MNP Ltée taking office as trustee of the estate, file 11-3435357.
Source: Certificate of Appointment
Debtor
D & L Mining Corp.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Lynda Louise HedicanAsset securing the liability shown as "101,501,1101" (as written); estimated deficit from security shown as -996,000.00 — Related party: also the sworn deponent of the Statement of Affairs. Listed as nature of liability "Other" (Business), date given/incurred 08-Oct-2026. Total claim stated as 1,541,000.00, split 545,000.00 secured and 996,000.00 unsecured. The secured amount equals the bankrupt's total stated assets (545,000.00). Amounts are as reported by the bankrupt on the Statement of Affairs, not proven claims. — debtor: D & L Mining Corp. · as of 9 Oct 2026 | $545K | Creditors Package |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
42 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
$9 today, then $99 a month from day 8. Cancel anytime.
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The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
$9 today, then $99 a month from day 8. Cancel anytime.
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See all plans| Date | Document | File |
|---|---|---|
Creditors Package
| PDF · Subscribers | |
Certificate of Appointment
| 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., “D & L Mining Corp.” (Bankruptcy). Retrieved 16 October 2026, https://proceedings.ca/case/d-and-l-mining-corp