Proceedings.

Ironclad Projects Ltd.

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Active
Proceeding
BankruptcyBIA
File
24-3190926
Filings held8
Last activity26 Feb 2025
On the record586 days
Secured debtSubscribers
OverviewSummary updated

Ironclad Projects Ltd. has been the subject of bankruptcy proceedings under the Bankruptcy and Insolvency Act since 19 November 2024, the date the commencing application was filed. The proceeding remains active. No court, judicial centre or province is identified on the record, and no steps after the initial filing have been entered.

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Case updates8 dated entries

5 earlier updates, back to 12 February 2025 subscribers.

Parties

Debtor

Ironclad Projects Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBank of Montreal · in 279 casesGeneral security agreement over all present and after-acquired property; registered judgement — Judgement registered at PPR in the amount of $7,500,000, dated March 5, 2024. No proof of claim filed as of the date of this report. — debtor: Ironclad Projects Ltd. · as of 5 Mar 2024$7.5MTrustee's Report to Creditors

4 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: no recovery.EstimatedTrustee's Report to Creditors · 11 Mar 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno recoveryEstimatedper the trusteeTrustee's Report to Creditors · 11 Mar 2025

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.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents8 filings
DateDocumentFile
Trustee's Report to Creditors
  • Applicant Canadian Western Bank
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 12 February 2025
  • + 6 more extracted facts
PDF · Subscribers
First Meeting of Creditor's Package
PDF · Subscribers
Certificate of AppointmentPDF · Subscribers
Application
  • Applicant Canadian Western Bank
  • Appointee MNP Ltd.
  • Appointee role trustee in bankruptcy
  • Commencement date 30 January 2025
  • + 1 more extracted fact
PDF · Subscribers
Bankruptcy OrderPDF · Subscribers
Notice to Trustee from the Office of the Superintendent of Bankruptcy - Application for a Bankruptcy OrderPDF · Subscribers
Supplemental Affidavit of Christopher CameronPDF · Subscribers
Affidavit of Christopher Cameron
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., “Ironclad Projects Ltd.” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/ironclad-projects-ltd

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