Alberta · CCAA

First Report of the Monitor 2019-04-29

Court officer report · 29 April 2019

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 filing1 verified

secured creditorsnote: Monitor's counsel in process of independent review of the loan's legality, validity and enforceability — security opinion pending, not yet confirmed · page: 13 · debtor: Strategic Oil & Gas Ltd. and Strategic Transmission Ltd. · creditor: GMT Capital Corp. · currency: CAD · security: Loan provided to the Company by GMT; referenced pre-filing non-binding letter of intent tranche of $15,000,000 (facility/tranche amount, not a stated outstanding balance)