British Columbia · CCAA

Filed Notice of Application, date to be determined

Application / notice of application · 6 October 2026

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 filing1 verified

secured creditorsnote: Post-filing interim (DIP) financing, not pre-filing debt. The document does not state the outstanding balance. Interest on the Interim Lenders' facilities is stated at approximately $230,000 each week. Over-advance above the current assets level would increase by $3.6 million per the Revised Cash Flow Forecast. Proceeds of several asset sales (Cessna, Parcel 11, Parcels 2 and 5 allocated to DIP term loans) were distributed to the Interim Lenders, reducing secured debt exposure; no balances stated. · page: 2 · debtor: Teal Jones Holdings Ltd. and subsidiary Petitioners (the Group) · creditor: Wells Fargo Capital Finance Corporation Canada, Wells Fargo Capital Finance LLC and Export Development Canada (the Interim Lenders) · currency: CAD · security: Interim Lenders' charge over the assets, properties and undertakings of the Petitioners under the ARIO, in the maximum amount of $116,509,000 plus interest, fees, costs and expenses (a charge ceiling, not an outstanding balance); interim financing facility under the Support Agreement. A proposed Amended Interim Financing Facility would increase the maximum facility limit to $65.0 million and extend maturity to November 27, 2026.