Alberta · Receivership (court-appointed)
Brief in Support of Receivership Application
Application / notice of application · 4 November 2025
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
- secured creditorsnote: Indebtedness inclusive of principal, interest and certain other fees, costs and expenses, continuing to accrue; amounts due on demand; Debtors in default; Demands and s.244 BIA notices issued September 28, 2025 · page: 3 · as of: 2025-10-30 · amount: 12863578.06 · debtor: Exro Technologies Inc., DPM Technologies Inc., and Cellex Energy Inc. (Exro Cdn Entities) · creditor: NBIMC Quantitative Strategies Fund – Class N · currency: USD · security: General security agreement (first priority charge over present and after-acquired personal property) and intellectual property security agreement, registered at Alberta PPR where necessary; secures the Interim Facility, a loan agreement dated May 15, 2025 with a stated principal facility amount of USD $30,000,000 (facility limit, not balance)