Alberta · Receivership (court-appointed)
Pro-Line Manufacturing Inc. – Notice and Statement of Receiver
Notice to creditors · 21 August 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
- financial positionnote: Assets stated in $CAD rounded to nearest thousand: Cash in Bank $19,000; Accounts receivable $118,000; Intercompany Loan due from Chinook Farm Innovations Inc $456,000; Intercompany Loan due from PMI Corp. $166,000; Total $759,000. The Receiver provides no comment on realizable value and cautions realizations could be materially different. No total liabilities figure is stated. Stated liabilities: secured creditor amounts of $5,137,000 (guarantee of Chinook indebtedness to RBC $3,084,000; guarantee of note to Chinook Dairy Service Ltd. $2,053,000), and per the Receiver's preliminary review the Debtor "has no amounts owing to unsecured creditors" (list of creditors shows unsecured as Unknown); the document does not itself total these into liabilities. · as at: 2025-08-31 · basis: Net book value per the Debtor's unaudited financial statements as at August 31, 2025, and other management financial information dated August 2026; "The Receiver has not audited, reviewed, or otherwise attempted to verify the accuracy of the foregoing." · scope: Pro-Line Manufacturing Inc. (the Debtor) only; the receivership order also covers Chinook Farm Innovations Inc. and PMI Corp., but this asset list is the Debtor's, including intercompany loans due from those two entities. · currency: CAD · total assets: 759000