British Columbia · CCAA
Pre-Filing Report of the Proposed Monitor
Pre-filing report · 13 November 2025
What we verified from this filing3 verified
- secured creditorsnote: Approximate figure per prose; part of $22.2 million owed to first and second mortgagees (not summed per instructions). Cameron Stephens has also brought a receivership application against the Petitioners. · page: 5 · as of: Pre-filing report date (November 13, 2025) · amount: 18500000 · debtor: Square Nine King George Development Ltd. · creditor: Cameron Stephens Mortgage Capital Ltd. · currency: CAD · security: First mortgagee providing inventory loan/financing for Belvedere
- secured creditorsnote: Approximate figure per prose; part of $22.2 million owed to first and second mortgagees (not summed per instructions). · page: 5 · as of: Pre-filing report date (November 13, 2025) · amount: 3700000 · debtor: Square Nine King George Development Ltd. · creditor: AMRN Holding Ltd. and 1137571 B.C. Ltd. ("Secured Lenders") · currency: CAD · security: Second mortgagee providing inventory loan/financing for Belvedere
- secured creditorsnote: Outstanding GST amounts; deemed trust class claim. · page: 5 · as of: Pre-filing report date (November 13, 2025) · amount: 6000000 · debtor: Square Nine King George Development Ltd. / Square Nine Builders Inc. · creditor: Canada Revenue Agency · currency: CAD