H12 Brands Inc. and 11157337 Canada Corp. are the subject of an Ontario proceeding begun by a notice of intention under subsection 50.4(1) of the Bankruptcy and Insolvency Act dated November 19, 2021, file number 31-2784081, with Ernst & Young Inc. acting as licensed insolvency trustee. The matter is active. A statement of affairs for the combined estate, as at December 20, 2021, states assets of $55,143.77 against liabilities of $1,668,928.34 and a deficiency of $1,613,784.57, with no secured creditors listed. Go-To Spadina Adelaide Square Inc at $241,324.19 and Dentons Canada LLP at $79,356.12 head the unsecured list. Aurora Cannabis Enterprises Inc. is shown as a contingent claimant for $1,212,263.30 plus interest and costs on a statement of claim filed October 19, 2021, with nothing shown as expected to rank for dividend.
The officer filed a report. High Noon sold substantially all of its brand and intellectual property assets to MPX International prior to being deemed bankrupt, and the Trustee is now administering the wind-down of the estate, holding $55,000 in sale proceeds for potential creditor distribution.
13 earlier updates, back to 2 December 2021 — subscribers.
Debtor
H12 Brands Inc. and 11157337 Canada Corp.
Proposal trustee
EY
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Aurora Cannabis Enterprises Inc.Contingent/unliquidated claim; per note, Aurora filed statement of claim on Oct 19, 2021 for unpaid invoices of $1,212,263.30 plus interest and other costs; amount expected to rank for dividend shown as $0.00 — debtor: H12 Brands Inc. · as of 20 Dec 2021 | $1.21M | Notice to Creditors |
Sale closed — High Noon completed the Transaction to sell and transfer substantially all of its assets to the PurchaserPreliminary Report of the Trustee · 6 Jan 2022
| Purchaser | Price | Status | Source |
|---|---|---|---|
| MPX International Corporationthe Purchased Assets (as defined and described in the Purchase Agreement) · asset sale · agreement 30 Nov 2021 | Subscribers | Closed17 Dec 2021 | Preliminary Report of the Trustee |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$55K
As at 6 Jan 2022Preliminary Report of the Trustee
| Date | Document | File |
|---|---|---|
Preliminary Report of the Trustee
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
| Certificate of Appointment 31-2784080 | PDF · Subscribers | |
Approval and Vesting Order, Consolidation Order
| PDF · Subscribers | |
| Blackline of Approval and Vesting Order | PDF · Subscribers | |
| Draft Order | PDF · Subscribers | |
| Factum of the Applicants | PDF · Subscribers | |
First Report of the Trustee on Proposal
| PDF · Subscribers | |
| An Order (the “Approval and Vesting Order”), substantially in the form filed in the motion record herein that, among other things, (collectively, the “Relief Sought”): a) administratively consolidates the NOI proceedings commenced by each of the Companies; b) approves the sale and transfer of substantially all of High Noon’s assets including its intellectual property and brands (the “Transaction”) pursuant to an Asset Purchase Agreement (the “Purchase Agreement”) dated November 30, 2021 between High Noon and MPX International Corporation (the “Purchaser”); c) authorizes the Companies to complete the Transaction and to take such additional steps and execute such additional documents as may be necessary or desirable for the completion of the Transaction and for the conveyance of the Purchased Assets to the Purchaser; and d) vests all of High Noon’s right, title and interest in and to the Purchased Assets in the Purchaser, or one or more of its designees, free and clear from any claims upon delivery by the Proposal Trustee of a certificate substantially in the form attached as Schedule “A” to the Approval and Vesting Order | PDF · Subscribers | |
| 1157337 Canada Corp. Creditors List | PDF · Subscribers | |
| H12 Brands Inc Creditors List | PDF · Subscribers | |
| 11157337 NOI package to Creditors | PDF · Subscribers | |
| H12 NOI Package to Creditors | PDF · Subscribers | |
11157337 Canada Corp Amended Certificate for the Notice of Intention 31-2784080
| PDF · Subscribers | |
1157337 Canada Corp Certificate for the Notice of Intention 31-2784080
| PDF · Subscribers | |
H12 Brands Inc Certificate for the Notice of Intention 31-2784081
| 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., “H12 Brands Inc. and 11157337 Canada Corp.” (NOI). Retrieved 20 September 2026, https://proceedings.ca/case/h12-brands-inc-and-11157337-canada-corp
Sources last checked · summary updated 28 August 2026 · Report a correction · Printed from proceedings.ca/case/h12-brands-inc-and-11157337-canada-corp
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.