Minto Metals Corp
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- S-234673
Minto Metals Corp. has been in court-appointed receivership since June 29, 2023, in the Supreme Court of British Columbia under BIA s. 243 and provincial Judicature Act jurisdiction, with PricewaterhouseCoopers LLP as receiver. As at July 24, 2023, the receiver reported a book value of $76,000,000 for the property over which it took possession or control: producing mineral properties $28,000,000, plant and equipment $17,000,000, mineral exploration and development properties $13,000,000, restricted cash $10,000,000 and inventories $8,000,000. Secured claims include GLAS Americas LLC at $12,000,000, related party Capstone Mining Corp. at $5,000,000 and Sumitomo Canada Limited at US$5,729,905, plus registered liens held by mine contractors and suppliers, among them JDS Energy & Mining at $5,129,891, Cobalt Construction at $4,510,656 and Yukon Energy Corporation at $3,471,825. The itemized unsecured creditor list totals $23,674,665 CAD and $1,202,249 USD.
The officer filed report no. Eighth Report. The receivership is winding down Minto's remaining affairs, focused on completing the sale of intangible mineral assets and licenses to 843, while YG passively retains mining/water licenses during an interim holding period pending 843's exploration decision.
31 earlier updates, back to 5 July 2023 — subscribers.
Debtor
Minto Metals Corp
Receiver
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Fitzpatrick | Supreme Court of British Columbia | 1 order, Jul 2023 | 49 cases on record |
Counsel of record
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | GLAS Americas LLC · in 2 casesdebtor: Minto Metals Corp. · as of 24 Jul 2023 | $12M | Notice - Form 87 - Minto Metals Corp. |
5 transactions · 4 closed · 1 proposed — Second Transaction pending court approval; First Transaction and auction completedReceiver's Eighth Report to the Yukon Court · 29 May 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Sumitomo Canada Limitedthe Unsold Concentrate up to 403.3 dry metric tonnes · asset sale | Subscribers | Closeddate not stated | Receiver's First Report to the Yukon Court |
| Finning (Canada), a division of Finning International Inc.the AD45B · asset sale · agreement 12 Mar 2025 | Subscribers | Proposed | Receiver's Seventh Report to the Yukon Court |
| 843093 Yukon Inc.the Intangible Assets of Minto (namely the mineral claims, leases and permits) · asset sale · agreement 30 May 2025 | Subscribers | Closed10 Sep 2024 | Receiver's Eighth Report to the Yukon Court |
| 843093 Yukon Inc.Building Infrastructure and certain Rolling Equipment · asset sale · agreement 26 Aug 2024 | not stated | Closed | Receiver's Eighth Report to the Yukon Court |
| end purchasers at limited auction conducted by MaynardsRolling Equipment not sold in the First Transaction · auction | Subscribers | Closed16 Oct 2024 | Receiver's Eighth Report to the Yukon Court |
Unsecured creditors: no distribution.EstimatedReceiver's Third Report to the Yukon Court · 27 Mar 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distributionconditional | Estimatedper the receiver | Receiver's Third Report to the Yukon Court · 27 Mar 2024 |
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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cumulative receipts
$7.38M
As at 3 Jun 2025Receiver's Eighth Report to the Yukon Court
| Date | Document | File |
|---|---|---|
Receiver's Eighth Report to the Yukon Court
| PDF · Subscribers | |
| Notice of Application | PDF · Subscribers | |
| Outline | PDF · Subscribers | |
Receiver's Seventh Report to the Yukon Court
| PDF · Subscribers | |
Current Service List
| PDF · Subscribers | |
| Receiver's Sixth Report to the Yukon Court | PDF · Subscribers | |
| Second Supplement to the Receiver's Fifth Report to the Yukon Court | PDF · Subscribers | |
| Receiver's Fifth Report to the Yukon Court | PDF · Subscribers | |
| Confidential Supplement to the Receiver's Fourth Report for Circulation | PDF · Subscribers | |
| Second Supplement to the Receiver's Fourth Report to the Yukon Court | PDF · Subscribers | |
| Receiver's Fourth Report to the Yukon Court | PDF · Subscribers | |
| Supplement to the Receiver's Third Report to the Yukon Court | PDF · Subscribers | |
Receiver's Third Report to the Yukon Court
| PDF · Subscribers | |
| Notice of Hearing | PDF · Subscribers | |
| Supplement to the Receiver's Second Report to the Yukon Court | PDF · Subscribers | |
| Affidavit of Lisa Robinson-Fernades filed February 8, 2024 | PDF · Subscribers | |
| Notice of Application to the Yukon Government - Filed January 31, 2024 | PDF · Subscribers | |
| Notice of Hearing to the Yukon Court | PDF · Subscribers | |
| Receiver's Second Report to the Yukon Court | PDF · Subscribers | |
| Response of the Government of Yukon to the Notice of Application on January 31, 2024 | PDF · Subscribers | |
| Supplement to the Receiver's First Report to the Yukon Court | PDF · Subscribers | |
| Notice of Application to the Yukon Court | PDF · Subscribers | |
Receiver's First Report to the Yukon Court
| PDF · Subscribers | |
Sale and Investment Solicitation Process
| PDF · Subscribers | |
Notice - Form 87 - Minto Metals Corp.
| PDF · Subscribers | |
| Affidavit of Mishaal Gill filed July 24, 2023 | PDF · Subscribers | |
| Notice of Application filed July 23 2023 | PDF · Subscribers | |
| Limited Receiver's First Report | PDF · Subscribers | |
Amended Unsold Concentrates Receivership Order dated July 5, 2023
| PDF · Subscribers | |
Unsold Concentrate Receivership Order dated June 29, 2023
| PDF · Subscribers | |
| Affidavit #1 of Hoshi Lu filed June 28, 2023 | PDF · Subscribers | |
| Affidavit #1 of Hoshi Lu in the matter of the Application for Bankruptcy Order filed June 28, 2023 | PDF · Subscribers | |
Application for Bankruptcy Order filed June 28, 2023
| PDF · Subscribers | |
| Petition to the Court filed June 28, 2023 | 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., “Minto Metals Corp” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/minto-metals-corp