Ontario · CCAA

Report of the Proposed Monitor .pdf

Pre-filing report · 14 October 2020

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: CRA Notices of Reassessment (deemed tax liability) issued July 29, 2020 imposing tax, penalties and interest in excess of $189.5 million, not reflected in the May 31, 2019 balance sheet; CRA also withholding approximately $37 million of GST/HST refunds owed to EGR as of report date (Oct 14, 2020). · page: 7 · as at: 2019-05-31 · basis: compiled financial statements (Deloitte LLP compiled without assurance or opinion), book value · scope: entity - Express Gold Refining Ltd. · currency: CAD · total assets: 47500000 · total liabilities: 43500000