Proceedings.

Orea Mining Corp.

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Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
11-3069299
Filings held3
Last activity17 Apr 2024
On the record887 days
OverviewSummary updated

Orea Mining Corp. became bankrupt at 16:14 on April 17, 2024 under section 49 of the Bankruptcy and Insolvency Act, with Crowe Mackay & Company Ltd as trustee of the British Columbia estate, file number 11-3069299. The Form 78 Statement of Affairs, sworn as at April 17, 2024, puts total assets at $2,532.50 against total liabilities of $924,930.24 and states a deficiency of $922,397.74, with preferred creditors and contingent liabilities at nil. The largest unsecured claims are $274,718.33 to Hughes Hubbard & Reed LLP, $163,472.00 to IAMGOLD France S.A.S., $105,769.46 to McCarthy Tetrault LLP and $79,251.60 to Fasken Martineau DuMoullin LLP. The Canada Revenue Agency holds a deemed trust claim against the company's BMO cash on hand.

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Case updates3 dated entries
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Orea Mining became bankrupt at 16:14, placing its estate with Crowe Mackay & Company Ltd and fixing the statement of affairs sworn as at April 17, 2024.

Source: Certificate of Filing

Parties

Debtor

Orea Mining Corp.

Trustee in bankruptcy

Crowe MacKay

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)CRA - Tax - Pacific · in 71 casesCash on Hand - Cash - BMO CAD — Balance of claim shown as 0.00 after estimated surplus from security ($1,759.37) applied; deemed trust class (CRA) — debtor: Orea Mining Corp. · as of 16 Apr 2024$1Notice of Bankruptcy

25 more claims across lower-ranking classes

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Sale processAs stated in the filings

MarketedSISP process to solicit offers for the SharesTeaser · 17 Apr 2024

Bid deadline

6 June 2024

Teaser

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents3 filings
DateDocumentFile
Certificate of Filing
  • Appointee CROWE MACKAY & COMPANY LTD
  • Appointee role trustee
  • Commencement date 17 April 2024
  • Court file no 11-3069299
  • + 1 more extracted fact
PDF · Subscribers
Notice of Bankruptcy
  • Appointee Crowe MacKay & Company Ltd.
  • Appointee role Trustee
  • Commencement date 17 April 2024
  • Court file no 11-3069299
  • + 5 more extracted facts
PDF · Subscribers
Teaser
  • Appointee Crowe MacKay & Company Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Bid deadline 6 June 2024
  • Commencement date 17 April 2024
  • + 1 more extracted fact
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., “Orea Mining Corp.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/orea-mining-corp

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/orea-mining-corp

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.