Alberta · CCAA
Sworn Affidavit of J Chiasson - Part 2 (Filed)
Affidavit · 19 November 2025
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What we verified from this filing3 verified
- secured creditorspage: 4 · debtor: Sunera Acreage Holdings Inc. · creditor: Sonidech Holdings Ltd. (also acting as agent) · currency: CAD · security: PPSA general security agreement over all present and after-acquired personal property of the debtor, registered 25-Nov-2022 (Base Registration 219643P)
- secured creditorsnote: $1,500,000 is the original principal amount of the demand promissory note dated 25-Nov-2022 (per Guarantee Agreement recitals), not a stated current outstanding balance. Jaiinder Singh Bhullar and Comet Warehousing & Distribution Services Limited (related/associated secured parties) were added as secured parties in the 17-Jan-2025 PPSA registration. · page: 8 · as of: 2022-11-25 · amount: 1500000 · debtor: Sunera Acreage Holdings Inc. (borrower); Sirona Pharma Inc. (mortgagor); Acreage Development Corp. (guarantor) · creditor: Yadevinder Singh Bhullar · currency: CAD · security: PPSA general security agreement over all present and after-acquired personal property of Sunera Acreage Holdings Inc. (registered 12-Mar-2024, Base Reg. 244894Q; renewed/re-registered 17-Jan-2025, Base Reg. 886299Q, jointly with Jaiinder Singh Bhullar and Comet Warehousing & Distribution Services Limited); Mortgage of $1,500,000.00 original principal granted by Sirona Pharma Inc. over real property; Guarantee and General Security Agreement from Acreage Development Corp.; Guarantee and mortgage from Sirona Pharma Inc.
- secured creditorsnote: Statement of Claim pleads exact balance owing of $5,575,890.09 as of filing (Mar 21, 2025); mortgage principal ($5,253,000.00) is the original secured sum, not the balance. Loan guaranteed by Acreage Development Corp. and personally by Diane Walsh, Jean Chiasson and Glenn Walsh (guarantee and postponement of claim); Sunera Acreage Holdings Inc. also executed the Loan Agreement and a guarantee/postponement of claim. · page: 16 · as of: 2025-03-21 · amount: 5575890.09 · debtor: Sirona Pharma Inc. (mortgagor); also PPSA debtor Sunera Acreage Holdings Inc. · creditor: Van Maren Financial (2019) Ltd. · currency: CAD · security: Memorandum of Mortgage registered 22-Feb-2024, Instrument No. 242 051 271, over lands at 14129 East Bank Road, Yellowhead County, AB, originally securing principal sum of $5,253,000.00; Assignment of Rents and Leases, Instrument No. 242 051 272; PPSA general security interest (all present, continuing and after-acquired personal property) taken re indebtedness of Sirona Pharma Inc. (BC/AB PPR); PPSA general security interest over all present and after-acquired personal property and proceeds, plus uncrystallized floating charge on land, of Sunera Acreage Holdings Inc. (registered 1-Feb-2024)