Quebec · CCAA
Eleventh Report to the Court submitted by Deloitte Restructuring Inc. in its capacity as Monitor dated September 25, 2025
Court officer report · 25 September 2025
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What we verified from this filing4 verified
- closing confirmedscope: spare parts transaction · outcome: completed · purchaser: New Gold · date basis: unstated · approval order date: 2025-06-10; scope: Remaining Non-Core Assets · outcome: completed · date basis: stated_partial · approval order date: 2025-06-10; scope: Stornoway or its assets as a going concern · outcome: not_completed · purchaser: Winsome · date basis: unstated
- purchaserNew Gold; TCL Asset Group Inc.; Winsome
- sale advisorTCL Asset Group Inc.
- sale outcometext: Stornoway must initiate the orderly wind down of its operations and liquidation of its remaining assets following termination of the Call Option Agreement and failure to find an alternative buyer · scope: whole_business · status: no_acceptable_bid