#Filing
Notice and Statement of the Receiver dated February 5, 2026 — Notice of receiver (s. 245 / Form 87)
Pesco Gold Inc., Havelock Pump Ltd. and Midland Pump Ltd.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CL-26-00000004-0000
Filings held4
Last activity5 Feb 2026
On the record235 days
Secured debt$11.1M
OverviewSummary updated
Pesco Gold Inc., Havelock Pump Ltd. and Midland Pump Ltd. were placed in court-appointed receivership on January 29, 2026 by the Ontario Superior Court of Justice, Commercial List, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is carried on the Toronto commercial list under court file CL-26-00000004-0000 and covers all three companies. The receivership order of that date is the only step recorded to date, and the matter remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates4 dated entries
#Order
Receivership order made over Pesco Gold, Havelock Pump and Midland Pump under BIA s. 243 and provincial Judicature Act authority, commencing the proceeding on the Commercial List.
Parties
Debtor
Pesco Gold Inc., Havelock Pump Ltd. and Midland Pump Ltd.
Receiver
BDO
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Ducimus Capital Inc. · in 6 casesEstimated amount owed per Company books/records, PPSA (Ontario) and Ontario Land Registry searches — debtor: Pesco Gold Inc. · as of 29 Jan 2026 | $11.1M | Notice and Statement of the Receiver dated February 5, 2026 |
| 4 | Secured | Ducimus Capital Inc. · in 6 casesEstimated amount owed per Company books/records, PPSA (Ontario) and Ontario Land Registry searches — debtor: Havelock Pump Ltd. · as of 29 Jan 2026 | $10.3M | Notice and Statement of the Receiver dated February 5, 2026 |
| 4 | Secured | Mercedes Benz Financial · in 3 casesEstimated amount owed per Company books/records, PPSA (Ontario) and Ontario Land Registry searches — debtor: Pesco Gold Inc. · as of 29 Jan 2026 | $301K | Notice and Statement of the Receiver dated February 5, 2026 |
| 4 | Secured | Lithia Canada Leasing GP, Inc.Estimated amount owed per Company books/records, PPSA (Ontario) and Ontario Land Registry searches — debtor: Havelock Pump Ltd. · as of 29 Jan 2026 | $250K | Notice and Statement of the Receiver dated February 5, 2026 |
| 4 | Secured | The Bank of Nova Scotia · in 110 casesEstimated amount owed per Company books/records, PPSA (Ontario) and Ontario Land Registry searches — debtor: Pesco Gold Inc. · as of 29 Jan 2026 | $207K | Notice and Statement of the Receiver dated February 5, 2026 |
| 4 | Secured | BMW Canada Inc · in 3 casesEstimated amount owed per Company books/records, PPSA (Ontario) and Ontario Land Registry searches — debtor: Pesco Gold Inc. · as of 29 Jan 2026 | $111K | Notice and Statement of the Receiver dated February 5, 2026 |
| 4 | Secured | Royal Bank of Canada · in 556 casesAmount unknown per Receiver's limited information — debtor: Havelock Pump Ltd. · as of 29 Jan 2026 | — | Notice and Statement of the Receiver dated February 5, 2026 |
| 4 | Secured | Marshallzehr Group Inc. · in 19 casesAmount unknown per Receiver's limited information — debtor: Pesco Gold Inc. · as of 29 Jan 2026 | — | Notice and Statement of the Receiver dated February 5, 2026 |
| 8 | Unsecured | Town of Monodebtor: Pesco Gold Inc. | $45.9K | Notice and Statement of the Receiver dated February 5, 2026 |
| 8 | Unsecured | City of Toronto · in 37 casesdebtor: Havelock Pump Ltd. | $27.9K | Notice and Statement of the Receiver dated February 5, 2026 |
| 8 | Unsecured | Toronto Hydro · in 37 casesnominal/placeholder amount as stated — debtor: Havelock Pump Ltd. | $1 | Notice and Statement of the Receiver dated February 5, 2026 |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesnominal/placeholder amount as stated — debtor: Havelock Pump Ltd. | $1 | Notice and Statement of the Receiver dated February 5, 2026 |
| 8 | Unsecured | Enbridge Gas · in 47 casesnominal/placeholder amount as stated — debtor: Havelock Pump Ltd. | $1 | Notice and Statement of the Receiver dated February 5, 2026 |
| 8 | Unsecured | Hydro One · in 20 casesnominal/placeholder amount as stated — debtor: Pesco Gold Inc. | $1 | Notice and Statement of the Receiver dated February 5, 2026 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Documents4 filings
| Date | Document | File |
|---|---|---|
Notice and Statement of the Receiver dated February 5, 2026
| ||
Statement of Claim dated February 5, 2026
| ||
Endorsement dated January 29, 2026
| ||
Receivership Order dated January 29, 2026
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Pesco Gold Inc., Havelock Pump Ltd. and Midland Pump Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/pesco-gold-inc-havelock-pump-ltd-and-midland-pump-ltd