What we verified from this filing5 verified
- cash on handnote: Closing cash at end of Reporting Period (April 26, 2025 to May 23, 2025); opening cash was approximately $338,000 · as at: 2025-05-23 · amount: 167000 · currency: CAD · qualifier: approximately
- operational summaryThe Companies' operations have been halted with no production ongoing; only the CEO and CFO remain as employees, with contractors retained to preserve the Steveville Facility, and the Monitor is advancing a sale transaction with a Successful Bidder while seeking enhanced powers to complete the CCAA proceedings.
- professional feesnote: Exclusive of GST; Monitor's counsel BD&P fees for period January 31, 2025 to April 30, 2025 totaled $176,743.88 (exclusive of GST) · party: Monitor (Alvarez & Marsal Canada Inc.) · amount: 320670.54 · period: January 29, 2025 to May 2, 2025 · currency: CAD
- report date3 June 2025
- report noThird Report