Alberta · CCAA
Fourteenth Report of the Monitor dated June 24, 2026
Court officer report · 24 June 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing11 verified
- cash on handnote: Reflects the balance of the Funds Held in Trust; approximately $212,000 of this relates to the remaining RCAM Holdback. · as at: 2026-06-19 · amount: 1572000 · currency: CAD · qualifier: approximately
- closing confirmedscope: Resurgent Corporate Transaction · outcome: not_completed · purchaser: Resurgent · date basis: unstated · approval order date: 2024-12-19; scope: Cascade Transaction · outcome: not_completed · purchaser: Cascade · date basis: stated_partial
- disbursementsnote: Includes payments to the Orphan Well Association, GST, professional fees, and banking fees, as at June 19, 2026. · amount: 1874000 · currency: CAD
- operational summaryFollowing the resignation of its sole officer and withdrawal of counsel, Alphabow has no management, employees, or legal representation, and its email systems are inoperative; the Monitor is now investigating an alleged misappropriation of company funds while seeking enhanced powers to continue the proceedings.
- professional feesnote: The majority of the professional fees have been paid directly by the Company. · party: Monitor and its legal counsel · amount: 95000 · period: since inception through June 19, 2026 · currency: CAD
- purchaserResurgent; Cascade
- receipts cumulativenote: Opening Cash shown as nil ('-'); table figures are in $000s, as at June 19, 2026. · amount: 3650000 · currency: CAD
- report date24 June 2026
- report noFourteenth Report
- sale advisorSayer Energy Advisors
- sale outcometext: As of the date of this Fourteenth Report, there were two transactions that the Company was pursuing (the ' Remaining Transactions ') · scope: whole_business · status: not_completed