Ontario · Receivership (court-appointed)

Trustee's Report on Preliminary Administration dated October 17, 2023

Court officer report · 17 October 2023

A plain-language read of this filing opens with a subscription.

What we verified from this filing2 verified

financial positionnote: Components only, no total assets stated: approximately $8.7 million in the Trustee's estate account; approximately $933,000 held by Scotiabank re: letter of credit for PEPC's obligations to PPUC. As-at date given only as 'the date of this Report'. · basis: unaudited, as reported by the Trustee based on estate account records and known asset information · scope: Planet Energy (Ontario) Corp. bankruptcy estate (entity level) · currency: CAD
sale outcometext: the Interim Receiver conducted a Court-approved sale process (the 'Sale Process'), which resulted in no viable offers for the Company's business and assets · scope: whole_business · status: no_acceptable_bid