Alberta · Receivership (court-appointed)

Application for Receiver and Trustee in Bankrupt

Application / notice of application · 19 June 2023

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What we verified from this filing1 verified

secured creditorsnote: Amount is a floor ('exceeding $8,559,746.11') per para 16; total combined indebtedness of both Debtors. Mortgage principal of $15,000,000.00 is a registered/security ceiling, not the outstanding balance. · page: 4 · amount: 8559746.11 · debtor: Atlas Biotechnologies Inc. and Atlas Growers Ltd. · creditor: Agriculture Financial Services Corporation (AFSC) · currency: CAD · security: Mortgage (registered principal $15,000,000.00 plus interest and costs) over lands; Biotechnologies GSA (security interest in all present and after-acquired personal property, perfected AB and ON PPR); Growers GSA (security interest in all present and after-acquired personal property, perfected AB and ON PPR); Growers guarantee of Biotechnologies' indebtedness to AFSC