British Columbia · CCAA
Pre-Filing Report of the Proposed Monitor
Pre-filing report · 1 May 2026
What we verified from this filing6 verified
- secured creditorsnote: Loan facility under Canada's Large Enterprise Tariff Loan program; full amount advanced (functions as outstanding balance) · page: 5 · amount: 175000000 · debtor: ACDC · creditor: Canada Enterprise Emergency Funding Corporation (CEEFC) · currency: CAD · security: LETL Facility - first-ranking security; facility limit up to C$175 million, fully advanced
- secured creditorsnote: Approximate amount owed ('approximately US$79 million') · page: 5 · amount: 79000000 · debtor: ACDC · creditor: Lenders under subordinate facility (unnamed) · currency: USD · security: Security ranks subordinate to the LETL Facility
- secured creditorsnote: Regulatory - reclamation security; approximate total of two bonds · page: 5 · amount: 198000000 · debtor: ACDC · creditor: Government of the Northwest Territories (GNWT) · currency: CAD · security: Two reclamation bonds
- secured creditorsnote: Regulatory - reclamation security · page: 5 · amount: 84000000 · debtor: ACDC · creditor: Government of the Northwest Territories (GNWT) · currency: CAD · security: Amounts paid into environmental trust
- secured creditorsnote: Regulatory - reclamation security; approximate amount · page: 5 · amount: 20000000 · debtor: ACDC · creditor: Government of the Northwest Territories (GNWT) · currency: CAD · security: Surety bond deposits
- secured creditorsnote: Regulatory - reclamation security · page: 5 · amount: 25000000 · debtor: ACDC · creditor: Government of the Northwest Territories (GNWT) · currency: CAD · security: Cash collateral in trust