Lithion Technologies
FollowClosed
- Proceeding
- CCAAArticles 9 et 11.02(2) de la Loi sur les arrangements avec les créanciers des compagnies, LRC (1985), ch. C-36 (la LACC)
- File
- 500-11-066352-259
OverviewSummary updated
Lithion Technologies Inc., with Lithion Saint-Bruno Inc. and Lithion International Inc., has been under CCAA protection since October 28, 2025, and remains active. Unaudited consolidated statements for the five-month period ended August 31, 2025 put the debtors' assets at $61,908,285 against liabilities of $12,515,071. Secured debt at that date included $4,459,925 owed to Investissement Québec and a Private Investors Term Loan split among IMM Investment Hong Kong Holdings Limited and General Motors Ventures LLC at $2,137,963 each and Construction Seneca Inc. at $521,781, all secured by movable hypothecs on the universality of LTI's and LSB's movable property. The first phase of the sale process ran to December 8 and then December 15, 2025. The stay has been extended successively, most recently to July 24, 2026.
Proceedings AIAsk this case — answers cite the filings
Case updates38 dated entries · 1 undated
35 earlier updates, back to 28 October 2025 — subscribers.
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
Parties
Debtor
Lithion Technologies
Monitor
KPMG
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Corriveau | Superior Court of Québec | 8 orders, Oct 2025 – Jun 2026 | 10 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorKPMG | Stikeman Elliott LLP | 20 Apr 2026 | Order · 20 Apr 2026 |
| ApplicantLithion Technologies | Norton Rose Fulbright Canada LLP | — | Service list |
| CreditorCall2Recycle Canada Inc | Cassels Brock & Blackwell LLP | — | Service list |
| CreditorDébitrices | Norton Rose Fulbright Canada LLP | 20 Apr 2026 | Order · 20 Apr 2026 |
| CreditorGeneral Motors Ventures LLC | Borden Ladner Gervais LLP | — | Service list |
| CreditorImm | Torys LLP | — | Service list |
| Creditorintimée General Motors Venture LLC | Borden Ladner Gervais LLP | 20 Apr 2026 | Order · 20 Apr 2026 |
| Creditorintimée Gestion Domberger Inc | Fasken Martineau DuMoulin LLP | 20 Apr 2026 | Order · 20 Apr 2026 |
| CreditorMalex Immobilier inc | Fréchette | — | Service list |
| CreditorMtre. Audrey Robitaille | Gascon & Associés LLP | — | Service list |
| Creditorpartie intéressée Procureur général du Québec | Miller Thomson LLP | 20 Apr 2026 | Order · 20 Apr 2026 |
| CreditorVoltrinov | Langlois Avocats | — | Service list |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | INVESTISSEMENT QUÉBEC · in 99 casesListed as secured creditor; provincial government investment agency; security interest not described in document — debtor: Lithion Technologies Inc. · as of 28 Jan 2026 | $4.46M | List of creditors |
Sale processAs stated in the filings
3 transactions · 3 closed — Dans le cadre du PSAI, trois transactions ont été approuvées, clôturées et le retrait des actifs a été complété, mettant fin au PSAIEighth Report of the Monitor (In French only) · 16 Jun 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 9498-8235 Québec inc.les actifs décrits à l'Annexe A de cette Ordonnance (les « Actifs achetés ») ainsi que la cession du contrat mentionné à l'Annexe B de cette Ordonnance (le « Contrat cédé ») · asset sale · agreement 11 Mar 2026 | Sealed | Closed18 Mar 2026 | Eighth Report of the Monitor (In French only) |
| American Battery Technology Companyles Actifs achetés · asset sale · agreement 11 Mar 2026 | Sealed | Closed20 Mar 2026 | Eighth Report of the Monitor (In French only) |
| Gestion Domberger inc.les actifs décrits à l'Annexe A de cette Ordonnance (les « Actifs achetés ») · asset sale · agreement 13 Apr 2026 | Sealed | Closed27 Apr 2026outside 6 Feb 2025 | Eighth Report of the Monitor (In French only) |
AdvisorsErnst & Young Orenda (sale agent); EY Orenda Corporate Finance Inc. (sale agent)Eighth Report of the Monitor (In French only)
Closing termsLe certificat du Contrôleur, émis lorsque le prix d'achat a été payé et que toutes les conditions de clôture ont été remplies ou renoncées, entraîne la dévolution des Actifs achetés à l'Acheteur.Approval and Vesting Order (In French only)
Sealed materialsConvention d'achat; Convention d'achat (Asset Purchase Agreement)First Approval and Vesting Order ( In French only)
RecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$426K
As at 16 Jun 2026Eighth Report of the Monitor (In French only)
Documents
37 filings
| Date | Document | File |
|---|---|---|
| Notice of bankruptcy and first meeting of creditors | PDF · Subscribers | |
| Certificate of appointment | PDF · Subscribers | |
| Certificate of completion | PDF · Subscribers | |
Order extending the stay of proceedings and releasing and discharging the Monitor upon the issuance of a certificate of completion (In French only)
| PDF · Subscribers | |
Application for extending the stay of proceedings and releasing and discharging the Monitor upon the issuance of a certificate of completion (In French only)
| PDF · Subscribers | |
Eighth Report of the Monitor (In French only)
| PDF · Subscribers | |
Judgment on the application for an D&O release order
| PDF · Subscribers | |
Approval and Vesting Order (In French only)
| PDF · Subscribers | |
Order extending the stay of proceedings and other reliefs (In French only)
| PDF · Subscribers | |
Seventh Report of the Monitor (In French only)
| PDF · Subscribers | |
Application for an approval and vesting order and for extending the stay of proceedings and other reliefs (In French only)
| PDF · Subscribers | |
First Approval and Vesting Order ( In French only)
| PDF · Subscribers | |
Second Amended and restated Initial Order
| PDF · Subscribers | |
Second Approval and Vesting Order ( In French only)
| PDF · Subscribers | |
Sixth Report of the Monitor (In French only)
| PDF · Subscribers | |
| Application for the Issuance of Approval and Vesting Orders and other reliefs (In French only) | PDF · Subscribers | |
Order extending the stay of proceedings (In French only) – dated 2026-03-05
| PDF · Subscribers | |
| Revised Timeline – dated 2026-02-16 | PDF · Subscribers | |
Order extending the stay of proceedings (In French only) – dated 2026-02-13
| PDF · Subscribers | |
| Application for extending the stay of proceedings (In French only) – dated 2026-02-10 | PDF · Subscribers | |
| Fifth report of the Monitor (In French only) | PDF · Subscribers | |
List of creditors
| PDF · Subscribers | |
Order extending the stay of proceedings (In French only)
| PDF · Subscribers | |
| Fourth report of the Monitor (In French only) | PDF · Subscribers | |
Application for extending the stay of proceedings (In French only)
| PDF · Subscribers | |
| Revised Timeline | PDF · Subscribers | |
Third report of the Monitor (In French only)
| PDF · Subscribers | |
Amended and restated Initial Order
| PDF · Subscribers | |
SISP Approval Order
| PDF · Subscribers | |
SISP Procedures
| PDF · Subscribers | |
SISP Teaser - November 2025
| PDF · Subscribers | |
Second report of the Monitor (In French only)
| PDF · Subscribers | |
| Notice to creditors of the Initial Order | PDF · Subscribers | |
First Day Initial Order
| PDF · Subscribers | |
Application for the Issuance of a first day Initial order and amended and restated Initial order
| PDF · Subscribers | |
Pre-Filing Report to the Court
| PDF · Subscribers | |
Service List
| 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., “Lithion Technologies” (CCAA), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/lithion-technologies