#Order
The court granted an interim order on the day the bankruptcy proceeding was opened, the only step recorded in file BKY-RG-00131-2026.
Source: Order of Trustee Discharge
Norseman HDD Underground Solutions Ltd.
ClosedFollow
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- BKY-RG-00131-2026
Filings held5
Last activity24 Jun 2026
On the record532 days
OverviewSummary updated
Norseman HDD Underground Solutions Ltd. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act, commenced on June 24, 2026 in the Court of King's Bench for Saskatchewan in Bankruptcy and Insolvency under court file number BKY-RG-00131-2026. The record of the proceeding consists of a single step, an interim order granted on the commencement date itself. No subsequent orders, hearings or reports are recorded, and the file now stands closed.
Proceedings AIOpen Proceedings AI
Case updates5 dated entries
#Order
Certificate of Appointment was filed. Court file 22-3226337.
Source: Certificate of Appointment
Parties
Debtor
Norseman HDD Underground Solutions Ltd.
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesDeemed trust over unremitted payroll source deductions — Approximately $520,000.00 in unremitted payroll source deductions per books and records; CRA has not yet filed a secured claim for the deemed trust portion; trust audit anticipated to determine exact deemed trust amount. Deemed trust class. — debtor: Norseman HDD Underground Solutions Ltd. | $520K | Trustee's Preliminary Report |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured |
8 more claims in 4 classes The stack holds Deemed trusts (CRA and other), Secured, PMSI / lessors, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansRecoveriesAs declared or paid
Ritchie Bros. Auctioneers: paid in full.FinalTrustee's Preliminary Report · 9 Jun 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Securedsecured equipment financing | Ritchie Bros. Auctioneers | — | paid in full | Finalper the trustee | Trustee's Preliminary Report · 9 Jun 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
Total liabilities at filing
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plansDocuments5 filings
| Date | Document | File |
|---|---|---|
Order of Trustee Discharge
| PDF · Subscribers | |
| First Meeting of Creditors - Minutes | PDF · Subscribers | |
Trustee's Preliminary Report
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
| Creditor Package | 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., “Norseman HDD Underground Solutions Ltd.” (Bankruptcy), Court of King's Bench for Saskatchewan. Retrieved 4 November 2026, https://proceedings.ca/case/norseman-hdd-underground-solutions-ltd