Quebec · NOI

Material Adverse Change Report

Court officer report · 26 March 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 filing3 verified

operational summaryThe Company has been unable to collect projected receipts of $94,387 and does not expect to generate further sales because of its agreement with the CPTAQ to stop selling materials from the quarry; it has no secured financing to continue operations or the SISP, so the Trustee intends to terminate the SISP.
report date26 March 2026
sale outcometext: The Trustee intends to terminate the SISP process as it will not be in a position to complete the SISP due to the material adverse change. · scope: whole_business · status: terminated