Quebec · CCAA
Ninth Report to the Court submitted by Deloitte Restructuring Inc. in its capacity as Monitor dated April 15, 2025
Court officer report · 15 April 2025
What we verified from this filing3 verified
- process resultsbids: 11 · note: Non-Core Equipment Call for Tender: 12 potential buyers solicited, 6 submitted offers prior to the Bid Deadline, 11 total offers received (two bidders submitted multiple bids) · as of: 2024-12-20 · solicited: 12 · qualified bids: 6
- purchaserNew Gold Inc.; price: note: 10% deposit already transferred to a trust account held by the Monitor; price payable in cash at closing · basis: cash · sealed: true · currency: CAD · scope: 43 assets marketed during the Non-Core Equipment Call for Tender (the 'Purchased Assets') · status: proposed · name note: unnamed successful bidder for Non-Core Equipment (Purchased Assets) · structure: assets · name source: operative · relationship: unstated
- sale outcometext: The Monitor believes the Mobile Camps Transaction and the Non-Core Equipment Transaction should be approved by the Court · scope: ancillary · status: pending_approval