British Columbia · CCAA
Eighth Report of the Monitor
Court officer report · 24 August 2026
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What we verified from this filing9 verified
- cash on handnote: Balance held by the Monitor in its trust account for the Duet Project, following draw of $1,630,000 under the Interim Financing Facility. · as at: 2026-08-09 · amount: 397500 · currency: CAD · qualifier: approximately
- disbursementsnote: Actual disbursements for the Duet Project for the 10-week period June 1, 2026 to August 9, 2026, compared to the Sixth Cash Flow Forecast. · since: June 1, 2026 · amount: 161000 · currency: CAD
- operational summaryMinglian has ceased active operations: it transferred its employees to an entity outside these proceedings and terminated its office and equipment leases, and does not expect to incur further costs outside the Duet Project sale process.
- professional feesnote: Estimated/forecast figure forming part of the Seventh Cash Flow Forecast, not an actual incurred amount as of the report date. · party: Monitor and its counsel, and Interim Lender's counsel · amount: 821000 · period: March 2026 to October 2026 (Monitor's counsel May 2026 to October 2026; Interim Lender's counsel May 2026 to October 2026) · currency: CAD
- purchaser1599790 B.C. Ltd.
- receipts cumulativenote: Actual operating receipts for the Duet Project for the 10-week period June 1, 2026 to August 9, 2026, compared to the Sixth Cash Flow Forecast. · since: June 1, 2026 · amount: 2000 · currency: CAD
- report date21 August 2026
- report noEighth Report
- sale outcometext: Vesting Order approved the Signature PSA on July 21, 2026; Purchaser plans to close on September 18, 2026 · scope: whole_business · status: approved