Proceedings.

Orea Mining Corp.

ActiveFollow
Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
11-3069299
Filings held3
Last activity17 Apr 2024
On the record932 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.

Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Open this case in Proceedings AI⁠Save your chats, keep long conversations going, and ask across every case.
Case updates3 dated entries
#Filing

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
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)CRA - Tax - Pacific · in 77 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
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

25 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Unsecured claims.

Every creditor and every amount, drawn to scale.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Sale processAs stated in the filings

Marketed — SISP process to solicit offers for the SharesTeaser · 17 Apr 2024

Bid deadline

6 June 2024

Teaser

AdvisorsCrowe MacKay & Company Ltd. (sale agent)Teaser
Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
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
  • + 2 more extracted facts
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 4 November 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.