Alberta · Receivership (court-appointed)
Application Record, dated June 24, 2021
Application / notice of application · 24 June 2021
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
- secured creditorsnote: Total 'Indebtedness' comprises Outstanding Principal and Interest of $3,590,915.25 (as of June 7, 2021) plus Outstanding Enforcement Costs of approximately $483,690.15 (as of June 7, 2021); underlying loans include Fernhope promissory notes (USD$380,000 dated Oct 29, 2018 and USD$100,000 dated Nov 19, 2018, assigned to Polaris), and Capella promissory notes (CAD$1,500,000 dated Dec 7, 2018; CAD$140,000 dated June 3, 2019; 54,000,000 COP dated June 3, 2019; 340,000,000 COP dated June 14, 2019) - individual loan amounts are components, not separately summed. · page: 4 · as of: 2021-06-07 · amount: 4074605.4 · debtor: AuVert Mining Group Inc. · creditor: Polaris Financial Management Limited (formerly Capella Financial Management Limited; includes assigned loans from Fernhope Limited U.K.) · currency: CAD · security: General security agreements dated October 29, 2018 and December 7, 2018 (as amended), granting security interest in all present and after-acquired personal property of AuVert and proceeds thereof; perfected by registration in the Alberta Personal Property Registry