Quebec · CCAA
Twelfth Report to the Court submitted by Deloitte Restructuring Inc. in its capacity as Monitor dated January 30, 2026
Court officer report · 30 January 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 filing7 verified
- cash on handnote: Excludes $4.7M of cash held in-trust by the Monitor; ending cash including trust funds was $21,473K. · as at: 2026-01-18 · amount: 16764000 · currency: CAD · qualifier: excluding cash held in-trust by the Monitor
- disbursementsnote: Cumulative total disbursements for the 19-week period ended January 18, 2026. · since: September 8, 2025 · amount: 8073000 · currency: CAD
- operational summaryStornoway continues to operate under cold care and maintenance, paying current employees and suppliers in the normal course while advancing environmental rehabilitation planning, liquidation of Core and Non-Core assets, and dismantling of the Renard Mine buildings and equipment.
- professional feesnote: Reported as 'Restructuring Fees' line item in Budget to Actual table; unfavorable variance of $367K vs budget. · party: Monitor and legal advisors (Restructuring Fees) · amount: 1057000 · period: 19-week period ended January 18, 2026 · currency: CAD
- receipts cumulativenote: Cumulative total receipts for the 19-week period ended January 18, 2026. · since: September 8, 2025 · amount: 1753000 · currency: CAD
- report date30 January 2026
- report noTwelfth Report