Fort St. James Operations Services Limited Partnership and Prince George Operations Services Inc.

Fort St. James Operations Services Limited Partnership and Prince George Operations Services Inc. were placed into bankruptcy on June 7, 2022 under the Bankruptcy and Insolvency Act in the Supreme Court of British Columbia, court file B-220205, on the petition of Veolia ES Canada Inc., a related party that had issued a notice of default dated May 9, 2022 claiming total indebtedness of $21,470,418 as of April 30, 2022 plus continuing interest. Deloitte Restructuring Inc. acts as Licensed Insolvency Trustee, and the two estates are being administered on a procedurally and substantively consolidated basis. The unaudited Statement of Affairs, prepared with the Trustee's assistance from the former directors, shows unsecured claims of $22,569,123, all owed to related parties, and a deficiency of approximately $21,956,141 before costs of realization. The proceeding remains active.