British Columbia · CCAA
Third Report of the Monitor
Court officer report · 2 November 2022
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 filing5 verified
- cash on handnote: Forecast closing figure from Third CCAA Cash Flow Forecast, including GIC of USD$151,000, at end of forecast period ending January 6, 2023; not an actual reported cash position. · as at: 2023-01-06 · amount: 3488000 · currency: USD
- operational summaryGPR continues restructuring under CCAA, advancing a sales and investment solicitation process, pursuing the sale of its Coricancha Mine in Peru to Newrange, supporting its Brazilian subsidiary's judicial reorganization, and maintaining reduced head office operations while seeking a further stay extension to December 16, 2022.
- professional feesnote: Forecast figure in the Third CCAA Cash Flow Forecast, not an actual incurred amount. · party: Company's legal counsel, the Monitor and its legal counsel · amount: 516000 · period: October 29, 2022 to January 6, 2023 (forecast) · currency: USD
- report date2 November 2022
- report noThird Report of the Monitor