Proceedings.

Excalibur Mechanical Ltd.

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Active
Proceeding
Interim receivershipsection 47(1) of the Bankruptcy and Insolvency Act
File
2501 12263
Filings held67
Last activity7 Jul 2026
On the record283 days
Secured debt$550K
OverviewSummary updated

Excalibur Mechanical Ltd. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act in the Court of King's Bench of Alberta, commenced on July 7, 2026 under court file number 2501 12263. The court granted an interim order the same day. The proceeding remains active. Nothing further has been entered on this page of record — no subsequent orders, reports or hearing dates — so the matter stands as it did at commencement, with the interim order the only step taken.

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Case updates67 dated entries
#Order

Court granted an interim order on the day the bankruptcy proceeding commenced in Alberta; it remains the only step recorded on court file 2501 12263.

Source: Sealing Order granted

#Report

The officer filed report no. First Report. The Receiver has secured and recovered Excalibur's assets, terminated employees, determined the Wheatland Project is not worth completing, and is pursuing an auction sale of substantially all assets via McDougall.

Source: Receiver's First Report

Parties

Debtor

Excalibur Mechanical Ltd.

Interim receiver

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice FeasbyCourt of King's Bench of Alberta3 orders, Mar 202621 cases on record
Justice HarrisCourt of King's Bench of Alberta2 orders, Dec 202521 cases on record

Counsel of record

PartyCounselFirst seenSource
Interim receiverEYMLT Aikins LLP11 Dec 2025Application · 11 Dec 2025
ApplicantCassels Brock & Blackwell LLP11 Dec 2025Application · 11 Dec 2025
DebtorExcalibur Mechanical Ltd.Cooper Regel LLP11 Dec 2025Application · 11 Dec 2025
CreditorApeetogosanDla Piper LLP29 Dec 2025Service list · 29 Dec 2025
CreditorATB FinancialCassels Brock & Blackwell LLP18 Mar 2026Application · 18 Mar 2026
CreditorTab 5Span Systems LLP29 Jun 2026Factum · 29 Jun 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesDeemed trust claim (source deductions, interest and penalties); balance per screenshot of CRA My Business Account provided Jan 2, 2026. Management earlier advised approx. $600,000 in source deductions plus approx. $300,000 in interest/penalties (prose estimate, superseded by dated figure). Breakdown between source deductions/interest/penalties and quantum of deemed trust claim not confirmed. Payment arrangement: $100,000/month commencing Jan 15, 2026. — debtor: Excalibur Mechanical Ltd. · as of 2 Jan 2026$1.1MInterim Receiver's First Report
4SecuredATB Financial · in 56 casesHASCAP term loan — Per Second Affidavit of Ashton Boisselle (Dec 29, 2025); Company's balance sheet (Dec 31, 2025) reported a corresponding HASCAP loan at $486,192.20 - Receiver flags unreconciled discrepancy requiring further inquiry. — debtor: Excalibur Mechanical Ltd. · as of 29 Dec 2025$550KInterim Receiver's First Report
5PMSI / lessorsPPSA equipment financiers (PMSI class) · in 183 casesRelated leased or financed vehicle and equipment — Comprises vehicle and equipment leases and related financing arrangements; per Company's balance sheet dated Dec 31, 2025, stated to be secured by the related leased or financed equipment. — debtor: Excalibur Mechanical Ltd. · as of 31 Dec 2025$1.41MInterim Receiver's First Report

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

Sale processAs stated in the filings

Sale approvedAuction Agreement and Auction approvedAuction Approval and Vesting Order granted · 7 Jul 2026

Bid deadline (round closed)

2 June 2026

Invitation for Offers

PurchaserPriceStatusSource
end purchasers at auction, unnamedall of the Debtors' right, title and interest in and to the property purchased by such Purchaser at the Auction · auctionSealedNMG proposal from McDougall; amounts detailed only in sealed First Confidential SupplementApproved7 Jul 2026Auction Approval and Vesting Order granted
AdvisorsErnst & Young Inc. (sale agent); McDougall Auctioneers Ltd. (auctioneer); Ritchie Bros. Auctioneers (auctioneer)Receiver's First Report
RecoveriesAs stated in the filings

Secured creditors: paid in full.EstimatedReceiver's First Report · 29 Jun 2026

ClassCreditorClaimsRecoveryBasisSource
Securedsecured lienholderspaid in fullEstimatedper the receiverReceiver's First Report · 29 Jun 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Documents
67 filings
DateDocumentFile
Auction Approval and Vesting Order granted
  • Order date 7 July 2026
  • Purchaser end purchasers at auction, unnamed · all of the Debtors' right, title and interest in and to the property purchased by such Purchaser at the Auction · auction · approved
  • Sale advisor McDougall Auctioneers Ltd. (auctioneer)
  • Sale outcome Sale approved — Auction Agreement and Auction approved
PDF
Sealing Order granted
  • Commencement date 7 July 2026
  • Court COURT OF KING'S BENCH OF ALBERTA
  • Court file no 2501 12263
  • Presiding officer Justice Jones
PDF
Application by ReceiverPDF
Brief of the Receiver
  • Counsel Span Systems LLP
PDF
Receiver's First Report
  • Operational summary The Receiver has secured and recovered Excalibur's assets, terminated employees, determined the Wheatland Project is not worth completing, and is pursuing an auction sale of substantially all assets via McDougall.
  • Process results 5 bids · as of 3 Jun 2026
  • Purchaser end purchasers at auction, unnamed · Excalibur's assets subject to the terms of the ASA · auction · price sealed · proposed
  • Recovery outcome Entries: per estimated · Table missing:
  • + 4 more extracted facts
PDF
Invitation for Offers
  • Bid deadline 2 June 2026
  • Sale advisor Ernst & Young Inc. (sale agent)
  • Sale outcome Marketed — EY is inviting offers for the purchase of the assets of Excalibur, or in the alternative, proposals to liquidate the assets
PDF
Lot 1 - SWS Goosnech Utility TrailerPDF
Lot 10 - 2017 Abu Equipment trailer 4UGFP3036HD030596PDF
Lot 11 - 2013 Kubota RTV 1100 Utility A5KC1HDALDG037514PDF
Lot 14 - 2006 Peterbuilt 389 6x4 Sleeper Wonch Truck 1XPFDB0X36D650593PDF
Lot 17 - Brand Cleanup Excavator BucketPDF
Lot 18 - Rental Office Trailer ST010868PDF
Lot 19 - 2016 ABU 34' Tri Axle Trailer_4UGFG343XGD029086PDF
Lot 2 - Ford F-350 Flatdeck # 1FT8W3DT3HEC70569PDF
Lot 20 - BOMAG RollerPDF
Lot 21 - John Deere Crawler dozer 650J #1T0650JXVBD209860PDF
Lot 22 - 2023 Ford F-350 XLT 1FT8W3DT6PEC33889PDF
Lot 23 - 2025 Ford Escape 1FMCU9GN7SUA67547PDF
Lot 24 - JD Skid Steer #1T0323DKTDG247662PDF
Lot 25 - John Deere backhoe loader #1T0310SLKKF348722PDF
Lot 26 - 2015 Ditch Witch Directional DrillPDF
Lot 27 - 2009 F150 XLT Truck VIN 1FTFW1E59PKD74852PDF
Lot 29 - Southland TRAREM trailer # 2SFHL4464P1080079PDF
Lot 3 - 2010 Gooseneck Trailer #2T9FG7U2901417012PDF
Lot 30 - 2021 Ford F-550 Flatbed 1FD0W5HT4MED64100PDF
Lot 31 - DITCH WITCH JT30PDF
Lot 32 - 2011 JT2020 Mach1 CMWJ2020AB0001360PDF
Lot 34 - 2026 ABU Dump Trailer4UGFD1636TD043796PDF
Lot 35 - Vermeer MX240 mixer & Ditch Witch Drill PipePDF
Lot 37 - John Deere 410K Backhoe 1TO410TKAEE261476PDF
Lot 39 - 2022 John Deere 21G LC Tracked ExcavatorPDF
Lot 4 - 2018 Ford F350 XLT 1FT8W3BT0JEC50109PDF
Lot 40 - 2014 John Deere 210G LC Tracked Excavator 1FF210GXTEDPDF
Lot 41 - 2013 International Workstar 7400 6x4 TA Dump Truck 1HTWGAZR50J153408PDF
Lot 5 - John Deere Excavator 506 # 1FF050GX-G-284867PDF
Lot 7 - 2018 Abu equipment trailer 4UGFH2435JD031844PDF
Lot 8 - 2007 Freightliner M2 1FVACYDJXHX30382PDF
Lot 9 - 2007 Hella HL L17045 Crane 13455PDF
245 Notice and Statement of ReceiverPDF
Receivership Order
  • Applicant ATB Financial
  • Appointee Ernst & Young Inc.
  • Appointee role receiver and manager
  • Commencement date 26 March 2025
  • + 4 more extracted facts
PDF
Sealing Order
  • Presiding officer Justice Feasby
PDF
Ltr to Service List
  • Counsel MLT Aikins LLP
PDF
Supplement to the Interim Receiver's Second ReportPDF
Application - Sealing Order
  • Presiding officer Justice Feasby
PDF
Interim Receiver's Second Report
  • Recovery outcome Entries: per estimated · Table missing:
PDF
Ltr to Service List re Application and Interim Receiver's Second ReportPDF
Bench Brief of ATB Financial
  • Counsel Cassels Brock & Blackwell LLP
PDF
Ltr to Service List re Proof of Filing and Brief-Authorities
  • Counsel MLT Aikins LLP
PDF
Application - Appointment of ReceiverPDF
Ltr to Service List re Application Materials
  • Counsel Cooper Regel LLP
PDF
Third Affidavit of Ashton BoissellePDF
Extending Order of the Interim Receiver, Powers and Production
  • Order date 9 January 2026
  • Presiding officer Justice C.D. Simard
  • Stay extended to 31 March 2026
PDF
Interim Receiver's First Report
  • Secured creditors $135K · Note: Per Second Affidavit of Ashton Boisselle (sworn Dec 29, 2025). ATB is the applicant that obtained the Interim Receivership Order; specific security instruments not described on these pages. Receiver notes this figure differs from Management's borrowings list (balance sheet dated Dec 31, 2025) and states additional investigation is required to reconcile. · Page: 9 · As of: 2025-12-29 · Debtor: Excalibur Mechanical Ltd. · Creditor: ATB Financial · Security: Overdrawn deposit account
PDF
Application - Extension of Interim ReceivershipPDF
Letter to Service List
  • Counsel Cassels Brock & Blackwell LLP
PDF
Supplemental Brief of LawPDF
Adjournment Order
  • Presiding officer Justice Harris
PDF
Interim Receivership Order
  • Applicant ATB FINANCIAL
  • Appointee Ernst & Young Inc.
  • Appointee role Interim Receiver
  • Commencement date 12 December 2025
  • + 5 more extracted facts
PDF
Affidavit of ServicePDF
Brief of the RespondentPDF
Ltr to Service List re Application
  • Counsel Cassels Brock & Blackwell LLP
PDF
Consent to ActPDF
Affidavit of Deseree SpoonerPDF
Affidavit of Ashton Boisselle
  • Secured creditors $18.3K · Note: Distinct direct BDC loan secured by GSA, separate from the ATB HASCAP facilities which are merely backed/guaranteed by BDC. · Page: 103 · As of: 2025-01-31 · Debtor: Excalibur Mechanical Ltd. · Creditor: Business Development Bank of Canada · Security: General security agreement; loan bearing interest at 2.8% per annum, monthly blended payments of $1,660, maturing November 10, 2025
PDF
Application
  • Secured creditors $1.24M · Note: Indebtedness includes interest accrued as at December 2, 2025 and certain costs/fees, but excludes interest accruing after that date and certain other costs/fees including legal fees; not in dispute per pleadings; personal guarantees exist from Deseree Spooner and Bradley Spooner (directors/shareholders, related parties) capped at $329,600.00 plus interest/costs after demand · Page: 3 · As of: 2025-12-02 · Debtor: Excalibur Mechanical Ltd. (Guarantors Deseree Spooner and Bradley Spooner jointly and severally liable under guarantee) · Creditor: ATB Financial · Security: General Security Agreement dated September 3, 2019 over all present and after-acquired personal property of Excalibur; PPSA financing statement registered December 19, 2017; joint and several personal guarantee from Deseree Spooner and Bradley Spooner dated September 3, 2019 in the maximum amount of $329,600.00 plus interest and costs after demand
PDF
Book of AuthoritiesPDF
Brief
  • Secured creditors $1.24M · Note: Amount is the 'Indebtedness' as at December 2, 2025, includes accrued interest to that date but excludes interest accruing after and certain other costs/fees (including legal fees); comprises LOC (max $300,000), HASCAP Loan #1 ($185,112.57 principal), HASCAP Loan #2 ($574,436.78 principal), Mastercard (max $50,000), and Temporary Excess overdraft - components are facility limits/original principal, not summed by document into a single balance breakdown. · Page: 4 · As of: 2025-12-02 · Debtor: Excalibur Mechanical Ltd. · Creditor: ATB Financial · Security: General Security Agreement dated September 3, 2019 over all present and after-acquired personal property
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Excalibur Mechanical Ltd.” (Interim receivership), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/excalibur-mechanical-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/excalibur-mechanical-ltd

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.