Proceedings.

Geoglobal Resources (Canada) Inc.

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Proceeding
BankruptcyBIA
File
25-094956
Filings held5
Last activity19 Mar 2019
On the record2,858 days
OverviewSummary updated

Geoglobal Resources (Canada) Inc. remains in bankruptcy under the BIA in the Court of King's Bench of Alberta, court file 25-094956, following commencement on January 8, 2019 on the application of Export Development Canada. MNP LLP acts as trustee in bankruptcy. A Statement of Affairs (Business Bankruptcy) as at February 12, 2019 puts total assets at $49,953.00 against total liabilities of $2,459,189.00, a stated deficiency of $2,409,236.00, with List B showing secured creditors totalling nil. Export Development Canada is the largest unsecured claim at $2,249,000.00, ahead of Furgo-Jason at $65,625.00, Ernst & Young at $25,000.00 and Miles Legett at $24,069.00. The trustee prepared the Statement of Affairs from incomplete books and records, and it was not signed by the sole director.

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Case updates5 dated entries
Parties

Debtor

Geoglobal Resources (Canada) Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredExport Development Canada · in 106 casesdebtor: Geoglobal Resources (Canada) Inc. · as of 12 Feb 2019$2.25MNotice of Bankruptcy and First Meeting of Creditors
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured

27 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents5 filings
DateDocumentFile
Report of the Trustee on his Preliminary Administration (English Only)
  • Applicant Export Development Canada
  • Appointee MNP Ltd.
  • Appointee role Trustee
  • Commencement date 12 February 2019
  • + 2 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Application for Bankruptcy Order (English Only)
  • Applicant EXPORT DEVELOPMENT CANADA
  • Appointee MNP LLP
  • Appointee role trustee in bankruptcy
  • Commencement date 8 January 2019
  • + 3 more extracted facts
PDF · Subscribers
Bankruptcy Order (English Only)PDF · Subscribers
Certificate of Filing of a Bankruptcy Order (English only)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., “Geoglobal Resources (Canada) Inc.” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/geoglobal-resources-canada-inc

Sources last checked · summary updated 20 August 2026 · Report a correction · Printed from proceedings.ca/case/geoglobal-resources-canada-inc

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.