Golden Gecko Inc

Active

Proceeding: Receivership (court-appointed)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act

Filings held1

Last activity2 Feb 2024

On the record962 days

Secured debt$1.14M

OverviewSummary updated 19 August 2026

Golden Gecko Inc entered receivership on February 2, 2024, with MNP Ltd. acting as receiver over the company's real property at 583 and 585 Mill Street, Port Elgin, Ontario. The receiver was appointed pursuant to mortgage security registered against that property by Libro Credit Union Limited, which is owed an estimated $1,135,000. MNP has since filed a notice and statement of receiver under subsections 245 and 246(1) of the Bankruptcy and Insolvency Act, describing the property without attributing a value to it. The attached creditor list records unsecured claims of $4,356.97 by the Town of Saugeen Shores, $1,196.49 by Westario Power and $647.52 by Engridge Gas, together with a Canada Revenue Agency claim listed in an unknown amount. The proceeding remains active in Ontario.

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Case updates1 dated entry

2 Feb 2024

#Filing

MNP Ltd. became receiver of the Port Elgin property under Libro Credit Union's mortgage security and gave notice identifying the secured claim at $1,135,000 and four unsecured creditors.

Source: Receiver's 245 Notice

Parties

Debtor

Golden Gecko Inc

Receiver

MNP

Capital structureAs asserted in the filings

stated amounts, drawn to scale · 1 named without a figure

#	Priority class	Creditor	Amount	Source
4	Secured	Libro Credit Union Limited · in 7 casesMortgage Security registered by Libro Credit Union Limited over the real property at 583 & 585 Mill Street, Port Elgin, Ontario; the Receiver was appointed pursuant to it. — Stated as the estimated amount owed to a creditor holding security on the property; no valuation date is tied to it. — debtor: Golden Gecko Inc.	$1.14M	Receiver's 245 Notice
8	Unsecured	Town of Saugeen ShoresMunicipal claim (the property lies in Port Elgin, Saugeen Shores). The document states no rank for it. — debtor: Golden Gecko Inc.	$4.36K	Receiver's 245 Notice
8	Unsecured	Westario Powerdebtor: Golden Gecko Inc.	$1.2K	Receiver's 245 Notice
8	Unsecured	Engridge GasThe list prints “$647,52” with a comma decimal; read as $647.52. The creditor name is reproduced as the list spells it (likely Enbridge Gas). — debtor: Golden Gecko Inc.	$648	Receiver's 245 Notice
8	Unsecured	Canada Revenue Agency · in 926 casesAmount stated as “unknown” — not a zero. Crown claim (deemed-trust class where applicable). — debtor: Golden Gecko Inc.	—	Receiver's 245 Notice

“not stated” means the record names the claim without a figure; “—” means not in the extracted record.

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.

Documents1 filing

Date	Document	File
2 Feb 2024	Receiver's 245 Notice Appointee MNP Ltd. Appointee role receiver Commencement date 2 February 2024 Financial position per Property described by the Receiver under s.245(1) BIA. · Golden Gecko Inc. — the real property subject to the Receiver's appointment — The property at 583 & 585 Mill Street, Port Elgin is described without any stated value, so no asset total is stated. No liabilities total is stated: $1,135,000 secured plus an unsecured list of $6,200.98 across three stated amounts and one “unknown”. + 3 more extracted facts	PDF

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

CiteProceedings., “Golden Gecko Inc” (Receivership (court-appointed)). Retrieved 20 September 2026, https://proceedings.ca/case/golden-gecko-inc