Alberta · Receivership (court-appointed)
Order Granted September 29, 2026 - SAVO Sarnia Resources Inc.
Approval and vesting order · 29 September 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 filing5 verified
- closing termsVesting occurs upon delivery of a Receiver's certificate to the Purchaser, subject only to AER approval of transfers of applicable licences, permits and approvals.
- order date29 September 2026
- presiding officerJustice C. D. Simard
- purchaserSarnia Resources Inc.
- sale outcometext: The Court approved the Transaction and authorized the Receiver's execution of the Sale Agreement with Sarnia Resources Inc.; vesting is conditional on delivery of the Receiver's Closing Certificate and AER approval. · scope: whole_business · status: approved