British Columbia · CCAA
Twentieth Report of the Monitor
Court officer report · 18 November 2024
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 filing4 verified
- operational summaryThe Company remains under CCAA stay protection with a sale process for the Wapiti and Bullmoose assets still unresolved, pending a court decision between the DIP Lender's Sale Agreement and the higher TaneCap APA; no further DIP advances have been made and the Company seeks a stay extension to January 17, 2025.
- professional feesnote: Outstanding fees: Company's counsel approx. $150,000, Monitor's counsel approx. $80,000, Monitor approx. $85,000; total stated as approximately $315,000. No statement of whether tax is excluded. · party: Company's counsel, Monitor's counsel and the Monitor (combined outstanding fees) · amount: 315000 · currency: CAD
- report date18 November 2024
- report noTwentieth Report