British Columbia · Proposal

Report of Trustee on Proposal dated May 5, 2026

Court officer report · 5 May 2026

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What we verified from this filing2 verified

financial positionnote: Table shows Estimated Net Realization Low/High; total assets high estimate $2,197,355 (book cost $21,103,330). Liabilities stated by class: CRA Claim s.60(1.1) proved $3,411,009; Secured Claims declared $5,189,146; Unsecured Claims proved (17 claims) $24,502,755/$26,810,512 - not summed to a single total liabilities figure. · as at: 2026-04-10 · basis: Estimated net realizable value in the event of a bankruptcy · scope: entity - Artic Machinery Ltd. · currency: CAD · total assets: 2197355
recovery outcomeentries: basis: plan · quote: on the other hand, the Further Amended Proposal offers the opportunity for Affected Creditors to receive distributions amounting to between 0% and 100% of their Proven Claims, depending on the outcome of the XCMG Claim; and · pct of: proven_claims · outcome: distribution · pct low: 0 · pct high: 100 · class key: unsecured · stated by: trustee · class label: Affected Creditors · interim final: unstated · conditional on: depending on the outcome of the XCMG Claim · claims qualifier: unstated · stated on: 2026-05-05 · table missing: