British Columbia · CCAA
Pre-Filing Report of the Proposed Monitor
Pre-filing report · 18 December 2023
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 filing1 verified
- unsecured creditorsnote: Floor - document states 'in excess of $100 million was outstanding as at November 30, 2023' (operative words: 'in excess of'). Related party: Trafigura Pte Ltd. became indirect majority shareholder of Nyrstar (former owner) in 2019; Trafigura Group financed operations via unsecured shareholder loans and has since demanded repayment of all its loans. All monetary amounts in the report are in CAD (para 7). · page: 5 · as of: 2023-11-30 · basis: Unsecured shareholder loans, as reported in the Proposed Monitor's pre-filing report · amount: 100000000 · debtor: Myra Falls Mine Ltd. · creditor: Trafigura Group (TPTE and other members of the Trafigura group of companies) · currency: CAD