PGM ResidualCo Holdings Inc. has been in bankruptcy in British Columbia since 25 July 2023, under an assignment made pursuant to section 49 of the Bankruptcy and Insolvency Act, with Grant Thornton Limited as trustee under court file no. 11-2968927. The proceeding remains active. The trustee's Claims Register puts unsecured claims against the estate at $16,267,082.96 as at the date of bankruptcy, spread across several hundred trade suppliers, contractors, consultants and professional firms drawn largely from mining and services businesses in northwestern Ontario. The largest listed unsecured claims are Nuna Logistics Partnership at $3,074,826.42, Hydro One Networks Inc. at $1,516,169.44, Epiroc at $1,123,141.49 and Suncor Energy Products Partnership at $553,782.59. Security of $0.00 was required of the trustee on appointment.
The officer filed a report. PGM ResidualCo has no active operations and no assets since its incorporation; it was created solely to assume certain excluded liabilities from Pure Gold Mining Inc.'s CCAA proceedings, and its sole director resigned effective August 15, 2023, leaving the company without a director. Court file 11-2968927.
Source: Trustee Preliminary Report to Creditors with Appendix dated August 15, 2023.pdf
Debtor
PGM ResidualCo Holdings Inc.
Trustee in bankruptcy
Doane Grant Thornton
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Nuna Logistics Partnershipdebtor: PGM ResidualCo Holdings Inc. · as of 25 Jul 2023 | $3.07M | Creditors Package dated July 26, 2023.pdf |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
224 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansUnsecured creditors: no distribution.FinalMinutes Report for the First Meeting of Creditors · 15 Aug 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | — | — | short by | Finalper the debtor | Minutes Report for the First Meeting of Creditors · 15 Aug 2023 |
| Unsecured | — | — | no distribution | Finalper the debtor | Minutes Report for the First Meeting of Creditors · 15 Aug 2023 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Minutes Report for the First Meeting of Creditors
| PDF · Subscribers | |
Trustee Preliminary Report to Creditors with Appendix dated August 15, 2023.pdf
| PDF · Subscribers | |
Creditors Package dated July 26, 2023.pdf
| PDF · Subscribers | |
Certificate of Appointment dated July 25, 2023.pdf
| 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., “PGM ResidualCo Holdings Inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/pgm-residualco-holdings-inc
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/pgm-residualco-holdings-inc
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.