British Columbia · CCAA
Twenty-Fourth Report of the Monitor
Court officer report · 17 March 2026
What we verified from this filing8 verified
- cash on handnote: Stated as ending cash exclusive of $1.3 million held in respect of the D&O Charge and CAD 1.6 million held in respect of the Appian Reserve. · as at: 2026-03-10 · amount: 2200000 · currency: USD · qualifier: approximately
- disbursementsnote: Figure is in US$ thousands per the cash flow variance table; described as 'Total Operating Disbursements' for the 141-week period ended March 10, 2026. · since: the granting of the EMP Order · amount: 3862000 · currency: USD
- operational summaryTrevali Corp. is winding down its estate under CCAA protection, with the Monitor addressing remaining post-closing matters from the Appian sale (including indemnity claims), pursuing insurance recoveries related to the Nantou Mining flood, resolving outstanding creditor claims, and responding to the Glencore HST appeal.
- professional feesnote: Table also lists fees for Blakes, Cassels & Graydon LLP (counsel to Trevali), Dentons Canada LLP (Monitor's counsel), Conyers Dill & Pearman Limited and Yanogo Bobson (foreign counsel to the Monitor); the FTI figure of $899 (in US$ thousands) includes disbursements and taxes. · party: FTI Consulting Canada Inc. (Monitor) · amount: 899000 · period: one hundred and four one-week period ended March 10, 2026 · currency: USD
- receipts cumulativenote: Figure is in US$ thousands per the cash flow variance table; described as 'Total Receipts' for the 141-week period ended March 10, 2026. · since: the granting of the EMP Order · amount: 5514000 · currency: USD
- recovery outcomeentries: basis: actual · quote: b. authorizing the Monitor to distribute CAD 5.8 million of available proceeds to unsecured creditors of Trevali Corp. · pct of: unstated · outcome: distribution · currency: CAD · class key: unsecured · stated by: monitor · amount low: 5800000 · cumulative: false · amount high: 5800000 · class label: unsecured creditors of Trevali Corp. · interim final: unstated · currency quote: CAD 5.8 million · claims qualifier: unstated · stated on: 2026-03-17 · table missing:
- report date17 March 2026
- report noTwenty-Fourth Report of the Monitor