British Columbia · Receivership (court-appointed)

Third and Final Report to Court

Court officer report · 27 July 2026

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing2 verified

financial positionnote: Statement of Affairs reported no assets and Nil secured and Nil preferred creditors; unsecured creditors of $6,230,567.05 per Statement of Affairs versus $159,971.44 per proofs of claim filed to date. Trustee states 'we do not expect to receive any secured claims in these proceedings' as valid secured claims against Gold Mountain, Elk Gold and Bayshore were either released as part of the Transaction or remained attached to assets retained by those companies. CRA holds a potential 'deemed trust' priority claim for unremitted payroll source deductions (ranking ahead of other creditors) but no proof of claim had been received from CRA as of the report date. No expectation of recovery for creditors. · page: 17 · as at: 2026-05-26 · basis: Statement of Affairs (as filed in the bankruptcy of 1582453 B.C. Ltd.) · scope: 1582453 B.C. Ltd. ("ResidualCo"), entity-level bankrupt estate only · currency: CAD · total assets: 0 · total liabilities: 6230567
secured creditors