Northern Silica Corporation is in CCAA proceedings in the Court of King's Bench of Alberta, with Alvarez & Marsal Canada Inc. as monitor. On an unaudited consolidated net book value basis as at March 31, 2020, the NSC Companies, comprising Northern Silica, Heemskirk Mining Pty. Ltd., Custom Bulk Services Inc., Heemskirk Canada Limited, Heemskirk Canada Holdings Limited and HCA Mountain Minerals (Moberly) Limited, carried total assets of $66,000,000 against total liabilities of $89,800,000, with current liabilities alone at approximately $84.9 million. QMetco Limited and Taurus Resources No. 2 B.V. are senior secured creditors of the debtors other than Custom Bulk Services Inc., whose property is charged to ATB Financial. Vitreo Minerals Ltd., an affiliate of the moving parties, is to advance up to $3,000,000 of priority interim financing under a term sheet dated July 2, 2020.
The officer filed report no. Fifth Report. Following the successful closing of the APA sale on October 22, 2020, the Debtors are winding down remaining administrative matters (permit transfers, letters of credit, rent subsidy, siding agreement assignment) and have no employees remaining.
The officer filed report no. Fourth Report. The report focuses on closing the sale of the Debtors' assets under the Stalking Horse APA to Vitreo Minerals, including a proposed pre-closing loan reorganization (bifurcation of the QMetco loan) for tax planning purposes, and a minor correction to the Approval and Vesting Order's legal description.
Source: Fourth Report of the Monitor
Amended Approval and Vesting Order Application (September 11, 2020) — Application / notice of application
Second Supplement to the Third Report of the Monitor (September 10, 2020) — Court officer report
The officer filed report no. Third Report. The Moberly Mine has been in care & maintenance mode since February 2020 with reduced staff, and the Debtors are pursuing a sale of substantially all assets under the Stalking Horse APA after terminating the SISP.
Source: Third Report of the Monitor
The officer filed report no. Second Report. The Debtors continue to operate under CCAA protection while pursuing a court-supervised sale and investment solicitation process (SISP), supported by interim financing and a stalking horse asset purchase agreement with Vitreo Minerals Ltd.
Source: Second Report of the Monitor
Debtor
Northern Silica Corporation
Monitor
Alvarez & Marsal
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Nixon | Court of King's Bench of Alberta | 2 orders, Sep 2020 | 53 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorAlvarez & Marsal | Torys LLP | 10 Jul 2020 | Affidavit · 10 Jul 2020 |
| DebtorNorthern Silica Corporation | McMillan LLP | 10 Jul 2020 | Affidavit · 10 Jul 2020 |
| CreditorATB | MLT Aikins LLP | 10 Jul 2020 | Affidavit · 10 Jul 2020 |
| CreditorCIBC | DLA Piper (Canada) LLP | 4 Sep 2020 | Service list · 4 Sep 2020 |
| CreditorMaple Reinders | Jenkins Marzban Logan LLP | 4 Sep 2020 | Service list · 4 Sep 2020 |
| CreditorQMetco Limited and Taurus Resources No | Cassels Brock & Blackwell LLP | 10 Jul 2020 | Affidavit · 10 Jul 2020 |
| CreditorSherritt International Corporation amalgamation successor to Dynatec Corporation | Dentons Canada LLP | 4 Sep 2020 | Service list · 4 Sep 2020 |
| CreditorTrinity Rail Canada Inc | Gowling WLG (Canada) LLP | 4 Sep 2020 | Service list · 4 Sep 2020 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Vitreo Minerals Ltd. (Interim Lender, affiliate of Moving Parties)as of Term Sheet dated July 2, 2020 — Proposed Interim Lender's Charge (court-ordered priority charge) to a maximum of $3,500,000, securing non-revolving priority interim financing facility with maximum principal amount of $3,000,000 — Related party - affiliate of the Moving Parties (QMetco and Taurus). Not yet advanced in full as of report date; charge amount includes interest and recoverable costs beyond principal. — debtor: NSC Companies | $3M | First Report of the Monitor (filed) |
| Secured | |||
| Secured |
2 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount.
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Cash on hand
$81K
As at 16 Nov 2020Fifth Report of the Monitor (November 16, 2020)
Professional fees
As at
1 more reported figure, and the 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Affidavit of J. Blanchard (sworn November 16, 2020) | PDF · Subscribers | |
| Application – CCAA Termination (November 16, 2020) | PDF · Subscribers | |
Fifth Report of the Monitor (November 16, 2020)
| PDF · Subscribers | |
| Affidavit of J. Blanchard (sworn October 20, 2020) | PDF · Subscribers | |
Fourth Report of the Monitor
| PDF · Subscribers | |
Amended Approval and Vesting Order Application (September 11, 2020)
| PDF · Subscribers | |
Approval and Vesting Order Application
| PDF · Subscribers | |
| Affidavit of Richard Jones (sworn September 10, 2020) | PDF · Subscribers | |
Second Supplement to the Third Report of the Monitor (September 10, 2020)
| PDF · Subscribers | |
| Affidavit of Service of J. Nantes - filed September 8, 2020 | PDF · Subscribers | |
| Affidavit of Jerrad Blanchard (sworn September 4, 2020) | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Service List (Applicants)
| PDF · Subscribers | |
Third Report of the Monitor
| PDF · Subscribers | |
Second Report of the Monitor
| PDF · Subscribers | |
| Affidavit of J. Blanchard Sworn July 21, 2020 | PDF · Subscribers | |
| Application | PDF · Subscribers | |
Affidavit of Service of J. Nantes (NSC) - filed July 10, 2020
| PDF · Subscribers | |
Application for Filing
| PDF · Subscribers | |
First Report of the Monitor (filed)
| PDF · Subscribers | |
| Affidavit of J. Blanchard Sworn July 2, 2020 | PDF · Subscribers | |
Originating Application
| PDF · Subscribers | |
Proposed Monitor's Pre-filing Report (filed)
| 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., “Northern Silica Corporation” (CCAA), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/northern-silica-corporation
Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/northern-silica-corporation
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.