British Columbia · Bankruptcy
Trustee’s Second Report to Creditors dated September 16, 2015
Court officer report · 16 September 2015
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What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: The Creston Transaction resulted in net proceeds to the Mercator bankruptcy estate (' Mercator Estate ') of $1.4 million after transaction costs and the payment in full of Creston Moly's unsecured creditors. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: trustee · class label: Creston Moly's unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: actual · quote: As contemplated by the SPA, the creditors with security interests against Stingray and El Pilar, RMB Australia Holdings Limited and Daselina Investments Ltd. (the ' Secured Creditors '), were repaid in full from the transaction proceeds and released their respective security interests on the Closing Date. · pct of: unstated · outcome: paid_in_full · currency: USD · class key: secured · stated by: trustee · class label: Secured Creditors (RMB Australia Holdings Limited and Daselina Investments Ltd.) · creditor name: RMB Australia Holdings Limited and Daselina Investments Ltd. · interim final: unstated · currency quote: US$100 million · claims qualifier: unstated · stated on: 2015-09-16 · table missing: