Ontario · CCAA
Fifth Report of the Monitor
Court officer report · 19 April 2018
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 filing5 verified
- cash on handnote: Ending cash balance as at end of actual receipts and disbursements period (March 5 to April 8, 2018), figures in $000 · as at: 2018-04-08 · amount: 4690000 · currency: USD
- operational summaryThe Applicants continue to operate their DRC mining operations, with the cash flow forecast reflecting the restart of operations at the Namoya mine, while the company works toward implementing its Plan of Compromise and Reorganization.
- professional feesnote: Figure is actual restructuring fees disbursed for the period, in $000; forecast for period was $1,940 ($000) · party: Restructuring professionals (including Monitor and counsel) · amount: 788000 · period: March 5 to April 8, 2018 · currency: USD
- report date19 April 2018
- report noFifth Report