British Columbia · Receivership (court-appointed)

Notice and Statement of the Receiver in the Matter of the Receivership of Banks Island Gold Ltd.

Notice to creditors · 25 January 2016

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 filing3 verified

financial positionnote: Figures stated in thousands of Canadian dollars per document header. · page: 2 · as at: 2016-01-07 · basis: Unaudited statement of affairs of the Debtor as at January 7, 2016; Receiver has not audited, reviewed, or otherwise verified accuracy; no comment on realizable value · scope: Banks Island Gold Ltd. (entity level) · currency: CAD · total assets: 11655000 · total liabilities: 15623000
secured creditorsnote: Figure in thousands of CAD per unaudited statement of affairs as at January 7, 2016; document refers to itemized 'List B' of secured creditors not included in these pages, so individual names/amounts cannot be extracted. · page: 3 · as of: 2016-01-07 · amount: 9462000 · debtor: Banks Island Gold Ltd. · creditor: Secured creditors (aggregate as reported) · currency: CAD
unsecured creditorsnote: Figure in thousands of CAD; document refers to itemized 'List A' of unsecured creditors not included in these pages, so individual names/amounts cannot be extracted. · page: 3 · as of: 2016-01-07 · basis: Unaudited statement of affairs as at January 7, 2016, as reported in Receiver's Notice and Statement · amount: 6161000 · debtor: Banks Island Gold Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD