Alberta · CCAA
Second Report of the Monitor
Court officer report · 1 May 2025
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 filing6 verified · 1 withheld
- cash on handnote: Ending cash at end of Reporting Period; opening cash as at March 15, 2025 was approximately $228,000. · as at: 2025-04-25 · amount: 338000 · currency: CAD
- operational summaryThe Companies' operations have been halted with no production occurring; only the CEO and CFO remain as employees, supplemented by contractors preserving the Steveville Facility, while the Monitor conducts a SISP.
- professional feesnote: Table also shows Monitor's Counsel's Fees $0 YTD (forecast $139k for reporting period), Companies Counsel's Fees $337k YTD, DIP Counsel Fees $83k YTD, Proposal Trustee Fees $48k YTD, Proposal Trustee Counsel Fees $36k YTD. · party: Monitor · amount: 133000 · period: YTD Weeks 1-12 · currency: CAD
- receipts cumulativenote: Figures in $CAD thousands per table header. · since: March 15, 2025 (start of Reporting Period, YTD Weeks 1-12) · amount: 1991000 · currency: CAD
- report date1 May 2025
- report noSecond Report of the Monitor
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.