Alberta · Receivership (court-appointed)
Updated Approval and Vesting Order re Sale of Certain Assets to Ember
Approval and vesting order · 30 October 2019
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
- closing termsVesting occurs upon delivery of a Receiver's Closing Certificate to the Purchaser (or its nominee), subject only to AER approval of licence transfers.
- order date30 October 2019
- presiding officerJustice C. Dario
- purchaserEmber Resources Inc.
- sale outcometext: The Court approved the sale transaction to Ember Resources Inc. and vested the Purchased Assets in the Purchaser (or its nominee) upon delivery of the Receiver's Closing Certificate; this Updated Order supersedes and replaces the Prior Order. · scope: whole_business · status: approved