What we verified from this filing8 verified
- cash on handnote: Approximately $351,000 higher than forecast · as at: 2026-09-06 · amount: 505000 · currency: CAD · qualifier: approximately
- operational summaryThe Debtors' TDP line remains in care and maintenance with limited reignition for SISP demonstrations, an environmental incident (odorous water discharge) at the Hawkesbury facility triggered remediation and MECP involvement, and the Monitor has selected a Successful Bid and is finalizing an APA with a Potential Purchaser.
- professional feesnote: This is a forecast figure from the Updated Cash Flow Forecast, not an actual incurred amount; total professional fees through completion of proceedings forecasted at approximately $860,000, with some fees to be paid from net closing proceeds of the Transaction and excluded from the forecast. · party: Monitor, Monitor's legal counsel, Debtors' legal counsel, Debtors' regulatory legal counsel, and Lender's legal counsel · amount: 625000 · period: September 7, 2026 to November 1, 2026 (forecast) · currency: CAD
- purchaserprice: sealed: false · scope: the assets · status: proposed · name note: Successful Bid selected; APA being finalized, purchaser referred to as 'Potential Purchaser' · structure: assets · name source: operative · relationship: unstated
- report date10 September 2026
- report noThird Report
- sale advisorKPMG Corporate Finance Inc.
- sale outcometext: Monitor has selected a Successful Bid and is finalizing the APA; transaction not yet before the Court for approval · scope: whole_business · status: bid_selected