British Columbia · NOI
Notice to Creditors regarding Proposal
Notice to creditors · 2 October 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing1 verified
- recovery outcomeentries: basis: plan · quote: (2) 1% of the balance of its Proven Affected Claim in excess of $10,000. · pct of: proven_claims · outcome: distribution · pct low: 1 · pct high: 1 · class key: unsecured · stated by: proposal_trustee · class label: Affected Creditors (holders of a Proven Affected Claim) - Tranche 1: 1% of the balance of the Proven Affected Claim in excess of $10,000 · interim final: unstated · conditional on: Subject to creditor approval and the conditions precedent in Article 6; applies to the portion of the claim in excess of $10,000; plus 15% of the first $10,000 and a Tranche 2 pro rata distribution · claims qualifier: unstated; basis: plan · quote: Tranche 1 - Initial distribution of CA$103,571.21 · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: proposal_trustee · amount low: 103571.21 · amount high: 103571.21 · class label: Affected Creditors - Tranche 1 initial distribution · interim final: unstated · conditional on: Subject to creditor approval and satisfaction of the conditions precedent in Article 6 of the Proposal · currency quote: CA$103,571.21 · claims qualifier: unstated; basis: plan · quote: In addition to the initial distribution, Affected Creditors will receive a pro rata distribution equal to the lesser of: · pct of: unstated · outcome: distribution · class key: unsecured · stated by: proposal_trustee · amount high: 200000 · class label: Affected Creditors - Tranche 2 distribution from Net Sale Proceeds · interim final: unstated · conditional on: Pro rata distribution equal to the lesser of $200,000 and the Net Sale Proceeds from the completion and sale of the Phase 2 Units · claims qualifier: unstated · stated on: 2026-10-02 · table missing: