Alberta · Receivership (court-appointed)
First Report of the Receiver
Court officer report · 30 March 2026
Also filed as: First Report of the Receiver
A plain-language read of this filing opens with a subscription.
What we verified from this filing4 verified
- financial positionnote: Document states, without providing a combined total: 'As at the Appointment Date, the Debtor had approximately $18.8 million of secured debt and $19.9 million of unsecured debt.' Components not summed per reporting rules; no total assets figure provided in these pages. · page: 5 · as at: Appointment Date (February 10, 2026) · basis: prose approximation, not itemized in a formal statement · scope: Halo Exploration Ltd. (entity level) · currency: CAD
- secured creditorsnote: Prose approximation elsewhere describes Debtor's total secured debt at Appointment Date (Feb 10, 2026) as approx. $18.8 million (aggregate, includes Northbase and possibly others). Invico delivered s.244 BIA notice of intention to enforce security Nov 17, 2025 and Notice of Default Jan 28, 2026; multiple forbearance agreements/waivers preceded receivership. · page: 5 · as of: 2026-01-30 · amount: 13500000 · debtor: Halo Exploration Ltd. · creditor: Invico Diversified LP, by its general partner Invico Diversified Income Managing GP Inc. · currency: CAD · security: Invico Loan Agreement dated October 11, 2022; aggregate principal originally advanced $19.0 million (original advance, not a balance)
- secured creditorspage: 6 · as of: 2026-02-06 · amount: 5300000 · debtor: Halo Exploration Ltd. · creditor: Northbase Finance Inc. · currency: CAD · security: Three asset lease agreements (Northbase Leases) with Northbase as lessor and Halo as lessee, secured over substantial portion of Halo's surface infrastructure at its 3-22 battery
- secured creditorsnote: Document states 'certain other parties have registered security against Halo at the Alberta Personal Property Registry' without naming them or stating amounts; Receiver indicates further commentary to follow in a subsequent report. · page: 6 · debtor: Halo Exploration Ltd. · creditor: Unidentified party(ies) with registered PPSA security · currency: CAD · security: Registered security at the Alberta Personal Property Registry (unspecified instruments/parties)