Alberta · Interim receivership
Receiver’s Third Report, dated October 27, 2025
Court officer report · 27 October 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 filing7 verified
- closing confirmedscope: Units 47 and 48 · outcome: completed · effective: 2025-07-31 · date basis: stated · approval order date: 2025-06-30; scope: Units 87 and 88 · outcome: not_completed · effective: 2025-10-02 · purchaser: 2730496 Alberta Inc. · date basis: stated · approval order date: 2025-08-14
- operational summaryThe Receiver is liquidating the Companies' assets: gold jewellery was melted for about $1.3 million net proceeds, silver melting and a Bonhams auction are ongoing, and it is selling Investments' real estate units while seeking forfeiture of a failed purchaser's $100,000 deposit. The Companies have no ongoing operations.
- purchaser2730496 Alberta Inc.; price: note: Price not stated in the text provided. · sealed: false · scope: Units 87 and 88 · status: proposed · name note: purchaser of the New 87 and 88 Sale Agreement; one of the parties who had previously submitted an offer by the Unit 87 and 88 Bid Deadline; name not shown in the text provided · structure: real_property · name source: operative · relationship: unstated; price: note: Price not stated in the text provided. · sealed: false · scope: the property located at 9258 34th Ave NW in Edmonton (Unit 3) · status: proposed · name note: purchaser of Unit 3, the property at 9258 34th Ave NW, Edmonton; name not shown in the text provided · structure: real_property · name source: operative · relationship: unstated; price: note: Price not stated in the text provided. · sealed: false · scope: the property located at 133 5th Avenue SW in High River · status: proposed · name note: purchaser of the property at 133 5th Avenue SW, High River; conditional on financing; name not shown · structure: real_property · name source: operative · relationship: unstated
- report date24 October 2025
- report noThird Report
- sale advisorRoyal LePage; Bonhams Canada; Guardian International Gold Corp
- sale outcometext: The original Units 87 and 88 sale failed and was terminated; a new agreement for Units 87 and 88 and a sale agreement for Unit 3 await Court approval, and a High River sale is conditional on financing. · scope: parcel · status: pending_approval