Yukon Zinc Corporation

Yukon Zinc Corporation filed a notice of intention dated July 31, 2019 under subsection 50.4(1) of the Bankruptcy and Insolvency Act, and the British Columbia proceeding remains active under Alvarez & Marsal Canada Inc. as licensed insolvency trustee, estate number 11-2541152. On the preliminary list of creditors submitted by the debtor without admission as to liabilities, Welichem is the largest secured claimant at $11,400,000.00, followed by Phoenix Global Investment Inc. at $2,315,000.00, Jing You Lu at $427,130.50 and Jinduicheng Canada Resources Corporation Limited at $250,000.00. The Yukon Government claims $311,247.36 in property tax, BQE Water Inc $279,720.00 and Northern Enviro Services $184,852.82, and employee claims are listed in aggregate at $207,338.87.