Quebec · CCAA
Seventh Report to the Court submitted by Deloitte Restructuring Inc. in its capacity as Monitor dated January 15, 2025
Court officer report · 15 January 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 filing4 verified
- cash on handnote: Cash and Cash Equivalents - Ending for the period Sept 30, 2024 to Jan 5, 2025, stated in 000's CAD (17,951); beginning balance was 17,769. Projected ending cash as at March 2, 2025 is $16.6M (forecast, not the current position). · as at: 2025-01-05 · amount: 17951000 · currency: CAD
- operational summaryStornoway continues to operate as a going concern under Care and Maintenance with limited milling campaigns (campaign #5 under way), while selling non-core assets such as mobile camps and awaiting Winsome's decision on its Call Option.
- report date15 January 2025
- report noSeventh Report