Alberta · Receivership (court-appointed)

Fifth Report of the Receiver, February 23, 2026

Court officer report · 23 February 2026

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What we verified from this filing1 verified

recovery outcomeentries: basis: estimated · quote: The Receiver is proposing to distribute the Distributable Proceeds to Servus on account of its secured indebtedness from Safeguard (' Proposed Distribution '). · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · class label: Servus (secured creditor) · creditor name: Servus Credit Union Ltd. · interim final: unstated · claims qualifier: unstated · stated on: 2026-02-23 · table missing: The Receiver has appended to the Confidential Supplement to the Fifth Report a forecast statement of receipts of disbursements reflecting the forecast proceeds from the Tailwind APA and Tailwind 2 nd APA (on the respectful assumption the Court grants such requested relief), together with payment of forecast operational costs and the Professional Fees Holdback arriving at the residual proceeds of the receivership estate (the ' Distributable Proceeds ').