Alberta · Receivership (court-appointed)
Fourth Report of the Receiver
Court officer report · 8 June 2026
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What we verified from this filing6 verified
- closing confirmedscope: the Auctioned Assets · outcome: completed · effective: 2026-05-19 · date basis: stated · approval order date: 2026-02-23
- process resultsbids: 5 · note: Real Property marketed to Prospective Bidders over approx. two months resulting in 5 bids · solicited: 35
- purchaserSFI Properties Canada Inc.; price: note: gross minimum guarantee ($2.27 million) provided by RBA; total proceeds exceeded this amount · basis: cash · amount: 2270000 · sealed: false · currency: CAD · scope: the Auctioned Assets · status: closed · name note: end purchasers at RBA's auction, unnamed · structure: auction · name source: operative · relationship: unstated
- recovery outcomeentries: basis: unstated · quote: The Receiver intends on repaying $300,000 under the Borrowing Certificates and recommends making an interim distribution to BDC in the amount of $900,000 as partial repayment of the BDC Indebtedness (the ' Proposed Interim Distribution '). · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 900000 · cumulative: false · amount high: 900000 · class label: BDC · creditor name: BDC · interim final: interim · currency quote: in CAD $ · claims qualifier: unstated · stated on: 2026-06-08 · table missing:
- sale advisorRitchie Bros. Auctioneers (Canada) Ltd.; Colliers
- sale outcometext: SFI APA for the Real Property pending approval; Auction of BDC Equipment completed · scope: parcel · status: pending_approval