Eagle Graphite Corporation

Eagle Graphite Corporation has been in court-appointed receivership in British Columbia since July 20, 2023, when Madam Justice Fitzpatrick of the Supreme Court of British Columbia appointed FTI Consulting Canada Inc. as receiver on the application of Weaver Capital Corp., under section 243(1) of the Bankruptcy and Insolvency Act and section 39 of the Law and Equity Act (court file S-234515). The receiver's notice and statement approximates the debtor's assets at C$417,076 as at the date of appointment, against secured claims of approximately C$3.42 million and unsecured claims of approximately C$1.83 million. The largest secured claim is Weaver Capital's, at C$3,358,930; Wood I Company is listed at C$60,000. Eagle Graphite Incorporated, a similarly named entity identified as a possible related party, heads the unsecured list at C$1,367,221. The proceeding remains active.