Quebec · NOI
Trustee's Report on the Sale of Assets Outside the Ordinary Course of Business
Court officer report · 31 October 2014
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 filing7 verified
- operational summarySleeping Giant is operating in a reduced mode with final mine-out and mill cleanout underway, while Vezza has been in care and maintenance since September 2013; management is selling redundant/idle mining equipment from both sites to generate liquidity while continuing to seek an investor.
- process resultsbids: 1 · note: The Offer is the only offer received by Aurbec · as of: 2014-10-31 · qualified bids: 1
- purchaserAccès Industriel
- report date31 October 2014
- report noSecond Report
- sale advisorCorporate Assets
- sale outcometext: Trustee recommends approval of the sale of Equipment to Accès Industriel · scope: ancillary · status: pending_approval