Northern Dominion Metals Corporation
Follow- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 11-3079072
Northern Dominion Metals Corporation has been in bankruptcy under the Bankruptcy and Insolvency Act since May 10, 2024, with MNP Ltd. acting as Licensed Insolvency Trustee under file no. 11-3079072 in the Supreme Court of British Columbia in Bankruptcy and Insolvency. The Statement of Affairs filed in the bankruptcy reported that the Company holds no assets, a conclusion the Trustee assessed as reasonable after reviewing the Company's internal financial records. A British Columbia Personal Property Registry search performed March 11, 2024 disclosed no creditors with registered security interests, and the Company reported no employees and no preferred creditors. Unsecured claims were reported in the Statement of Affairs at $4,522,558.76; two proofs of claim totalling $209,249.50 have been filed. The Canada Revenue Agency has an unproven deemed trust priority claim for unremitted payroll source deductions, for which no proof of claim has been received. The proceeding remains active.
Court officer report filed on the commencement date, recording that the Company voluntarily initiated the proceeding, effective May 10, 2024.
Debtor
Northern Dominion Metals Corporation
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesas of Statement of Affairs filing — Document names no individual creditors. Proofs of claim filed to date total $209,249.50 (two proofs filed), a lesser and separate figure from the Statement of Affairs amount. — debtor: Northern Dominion Metals Corporation | $4.52M | Trustee's Preliminary Report to Creditors |
Unsecured creditors: no recovery.EstimatedTrustee's Preliminary Report to Creditors · 28 May 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | $4.52Mlisted | no recovery | Estimatedper the trustee | Trustee's Preliminary Report to Creditors · 28 May 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.
per Statement of Affairs as filed; Trustee reviewed Company's internal financials and found the assessment reasonable · Northern Dominion Metals Corporation (single entity) — Statement of Affairs filed in the bankruptcy reported that the Company does not hold any assets. British Columbia PPR search performed March 11, 2024 found no creditors with registered security interests. CRA has an unproven 'deemed trust' claim for unremitted payroll source deductions (priority claim; no proof of claim received to date). No preferred creditors noted; Company reported no employees.
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors
| ||
| Creditor's package - Notice of First Meeting of Creditors | ||
Certificate of Appointment
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Northern Dominion Metals Corporation” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/northern-dominion-metals-corporation