New Brunswick · Receivership (court-appointed)

642657 N.B. Ltd. - 245-246(1) Notice and Statement of the Receiver

Notice to creditors · 11 June 2025

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

financial positionnote: Statement of Assets at Net Book Value lists Cash, Accounts Receivable, Inventory and Equipment all as 'unknown' because shareholders had not provided current books and records; Total Assets at Net Book Value is therefore unknown. Total Creditors of $2,648,270.71 reflects only the Total Secured Creditors figure (Royal Bank of Canada), as Canada Revenue Agency (secured) and all Unsecured Creditors (WorkSafe NB, CRA) are listed as 'unknown'. · as at: 2025-06-09 · basis: Prepared without audit from information provided by the Company; net book value · scope: entity - 642657 N.B. Ltd. o/a PMW Precision Machine Works · currency: CAD · total liabilities: 2648270.71