Alberta · Receivership (court-appointed)
Receiver Third Report, dated March 16, 2026
Court officer report · 16 March 2026
What we verified from this filing9 verified
- cash on handnote: Consolidated cash balance held by the Receiver as of the Third Report SRD date (March 13, 2026) · as at: 2026-03-13 · amount: 164141 · currency: CAD · qualifier: approximately
- closing confirmedscope: the Sundre Property · outcome: completed · purchaser: 2211824 Alberta Ltd. and 1578646 Alberta Ltd · date basis: unstated · approval order date: 2025-11-04; scope: the various inventory, vehicles, and equipment owned by 182 AB, along with Schedule A Assets · outcome: completed · date basis: unstated · approval order date: 2025-11-04
- operational summaryThe Receiver terminated operations of the Shavings Business and Mulch Business following completion of the Sales Process; the Sundre Property and remaining assets were sold via the Sale Agreement and Auction Agreement, and the Receiver is now administering claims processes and remaining wind-down tasks, including a potential bankruptcy assignment of 182 AB.
- professional feesnote: Plus disbursements and GST; Receiver's legal counsel (Stikeman Elliott) incurred additional legal fees of approximately $101,840 (plus disbursements and GST) from September 1, 2025 to January 31, 2026, collectively the Third Report Professional Fees · party: Receiver (BDO Canada Limited) · amount: 174829 · period: October 1, 2025 to February 28, 2026 · currency: CAD
- purchaser2211824 Alberta Ltd. and 1578646 Alberta Ltd; price: sealed: false · scope: the various inventory, vehicles, and equipment owned by 182 AB, along with Schedule A Assets · status: closed · name note: end purchasers via auction, unnamed · structure: auction · name source: recital · relationship: unstated
- report date16 March 2026
- report noThird Report
- sale advisorMcDougall Auctioneers Ltd.
- sale outcometext: Sundre Property and other assets sold pursuant to Sale Agreement and Auction Agreement, closed · scope: whole_business · status: closed