New Brunswick · Receivership (court-appointed)
Notice and Statement of the Receiver dated 2025-06-10
Notice to creditors · 10 June 2025
What we verified from this filing19 verified
- appointeeDeloitte Restructuring Inc.
- appointee rolereceiver and manager
- commencement date2 June 2025
- financial positionnote: Asset figures (Real Property $377,126; Equipment $523,696; Total $900,822) are per page 2. Liability total ($1,714,804.28) is the sum stated on the Appendix A Listing of Creditors (page 4), which includes numerous $1.00 proxy amounts for creditors whose actual balances were unknown, and includes a CRA secured claim likely reflecting deemed-trust indebtedness. · page: 2 · as at: 2025-06-02 · basis: Net book values per SSF's books and records available to the Receiver, unaudited and unreviewed (p.2); total liabilities is the stated Total of the Listing of Creditors, prepared without audit and based on information obtained by the Receiver, including $1.00 proxy figures for creditors whose amounts were not known (p.4) · scope: Sticks & Stones Fabricating Inc., entity level (Real Property and Equipment assets taken into possession by Receiver) · currency: CAD · total assets: 900822 · total liabilities: 1714804.28
- provinceNEW BRUNSWICK
- statutory basissubsections 245(1) and 246(1) of the Bankruptcy and Insolvency Act
- secured creditorsnote: Amount unknown; document uses a $1.00 proxy where actual amount was not known. · page: 4 · as of: 2025-06-02 · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: Charlotte County Development Corporation Inc. · currency: CAD
- secured creditorsnote: Amount unknown; document uses a $1.00 proxy where actual amount was not known. · page: 4 · as of: 2025-06-02 · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: 11302078 Canada Ltd · currency: CAD
- secured creditorsnote: Amount unknown; document uses a $1.00 proxy where actual amount was not known. · page: 4 · as of: 2025-06-02 · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: Export Development Canada · currency: CAD
- secured creditorsnote: Appointing secured creditor; Receiver appointed pursuant to security held by Toronto-Dominion Bank (see pp.1-2). Amount per Listing of Creditors, prepared without audit. · page: 4 · as of: 2025-06-02 · amount: 936993.19 · debtor: Sticks & Stones Fabricating Inc. · creditor: Toronto-Dominion Bank · currency: CAD
- secured creditorsnote: Listed as secured creditor; likely represents deemed-trust class indebtedness (CRA). Amount per Listing of Creditors, prepared without audit. · page: 4 · as of: 2025-06-02 · amount: 777800.09 · debtor: Sticks & Stones Fabricating Inc. · creditor: Canada Revenue Agency · currency: CAD
- secured creditorsnote: Amount unknown; document uses a $1.00 proxy where actual amount was not known. · page: 4 · as of: 2025-06-02 · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: Department of Finance and Treasury Board (NB) · currency: CAD
- secured creditorsnote: Amount unknown; document uses a $1.00 proxy where actual amount was not known. · page: 4 · as of: 2025-06-02 · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: Municipality of St. Stephen · currency: CAD
- secured creditorsnote: Amount unknown; document uses a $1.00 proxy where actual amount was not known. · page: 4 · as of: 2025-06-02 · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: Southern Sanitation Ltd. · currency: CAD
- secured creditorsnote: Amount unknown; document uses a $1.00 proxy where actual amount was not known. · page: 4 · as of: 2025-06-02 · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: Driven Financial Technologies Corporation · currency: CAD
- unsecured creditorsnote: Amount unknown; document uses a $1.00 proxy. · page: 4 · as of: 2025-06-02 · basis: Listing of Creditors prepared without audit and based on information obtained by the Receiver · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: Southwest Electric & Security Inc. · currency: CAD
- unsecured creditorsnote: Amount unknown; document uses a $1.00 proxy. · page: 4 · as of: 2025-06-02 · basis: Listing of Creditors prepared without audit and based on information obtained by the Receiver · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: Liberty Utilities NB · currency: CAD
- unsecured creditorsnote: Amount unknown; document uses a $1.00 proxy. · page: 4 · as of: 2025-06-02 · basis: Listing of Creditors prepared without audit and based on information obtained by the Receiver · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: Energie New Brunswick Power · currency: CAD
- unsecured creditorsnote: Amount unknown; document uses a $1.00 proxy. Listed separately from CRA's secured claim above (different capacity/claim). · page: 4 · as of: 2025-06-02 · basis: Listing of Creditors prepared without audit and based on information obtained by the Receiver · amount: 1 · debtor: Sticks & Stones Fabricating Inc. · creditor: Canada Revenue Agency · currency: CAD