Quebec · CCAA
2025-12-02 Third Report of the Monitor (in French)
Court officer report · 2 December 2025 · French
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 filing17 verified
- report date2 December 2025
- report no3.00
- operational summaryLe présent rapport est présenté à la Cour dans le cadre de la Requête et vise à faire part des informations pertinentes relativement à la Requête et aux conclusions recherchées aux termes des projets d'ordonnance.
- cash on handamount: 11508000 · currency: CAD
- professional feesamount: 704000 · currency: CAD
- receipts cumulativeamount: 568000 · currency: CAD
- cash on handnote: Actual closing cash balance for the 12-week period ended 28 November 2025 (in thousands: 11 508), per the actual vs. projected cash flow table; opening balance was 12 536. · as at: 2025-11-28 · amount: 11508000 · currency: CAD
- closing confirmedscope: lot 2 (Équipements et outillage) et lot 3 (mobilier de bureau situé au terrain) · outcome: completed · effective: 2025-11-24 · purchaser: Nouveau Monde Graphite · date basis: stated; scope: lot 4 (mobilier de bureau situé au bureau de Montréal) · outcome: completed · effective: 2025-11-20 · purchaser: Wan Solutions · date basis: stated
- disbursementsnote: Actual total disbursements before taxes (in thousands: 1 440); taxes on disbursements of 156 are shown separately, giving a net cash variation of (1 028). · since: 12 September 2025 (12-week period ended 28 November 2025) · amount: 1440000 · currency: CAD
- operational summaryThe debtors' operations have ceased; the Monitor is maintaining the site with protective measures, selling movable assets (equipment and office furniture sold; steel lot to be offered) and preparing a two-phase investment and sale solicitation process (SISP) for the land and assets, with a stay extension requested to 15 May 2026.
- process resultsbids: 9 · note: Neuf offres reçues au terme du processus de demande de soumissions pour les actifs mobiliers · as of: 2025-11-10 · solicited: 8000
- professional feesnote: Actual professional fees disbursed (in thousands: 704) vs. 1 250 projected; unpaid work in progress and invoices at 28 November 2025 total $570,000 plus taxes. Amount stated before taxes (taxes on disbursements shown separately). · party: Professionals involved in the file (Monitor and others) · amount: 704000 · period: 12 September to 28 November 2025 · currency: CAD
- purchaserNouveau Monde Graphite; Wan Solutions
- receipts cumulativenote: Actual total receipts (in thousands: 568), comprising sale of movable assets 290, bidder deposits 53, interest 220, other refunds 6. · since: 12 September 2025 (12-week period ended 28 November 2025) · amount: 568000 · currency: CAD
- report date2 December 2025
- report noTroisième rapport
- sale outcometext: Sale of mobile assets partially completed; steel lot and land PSIV process pending · scope: ancillary · status: liquidation_in_progress