Rustad Energy Ltd.
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 25-3237399
- Industry
- Energy · Power & utilities
Rustad Energy Ltd. has been in bankruptcy under the Bankruptcy and Insolvency Act since June 18, 2025, and the proceeding remains active. The Statement of Affairs filed in the bankruptcy reports total assets of $40,001 at the entity level as at the date of bankruptcy. It identifies no known secured creditors and no known preferred creditors as at that date. Unsecured claims are listed as approximately three creditors owed approximately $19,102,950 in aggregate; the Statement of Affairs sets out those components rather than a stated total liabilities figure.
Debtor
Rustad Energy Ltd.
Trustee in bankruptcy
KPMG
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Bitmain Technologies (Canada) Inc.Nature of liability: judgment debt — debtor: Rustad Energy Ltd. · as of 18 Jun 2025 | $15.7M | Notice to Creditors - Rustad Energy Ltd. |
| Unsecured | |||
| Unsecured |
2 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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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 |
|---|---|---|
Trustee Preliminary Report 2025-07-09
| PDF · Subscribers | |
Notice to Creditors - Rustad Energy Ltd.
| PDF · Subscribers | |
Certificate of appointment 2025-06-18
| 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., “Rustad Energy Ltd.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/rustad-energy-ltd