Alberta · CCAA
Transaction Approval and RVO Order
Reverse vesting order · 1 October 2025
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 filing7 verified
- closing termsTransactions deemed to occur upon delivery of the Monitor's Certificate to the Purchaser (the Effective Time), in the sequence set out in the Amalgamation Agreement
- order date1 October 2025
- presiding officerJustice B.B. Johnston
- purchaserKeranic Industrial Gas Inc. and the existing shareholders of Keranic
- residualco102218166 Saskatchewan Ltd.
- sale outcometext: Court approved the Amalgamation Agreement and the Transactions, including the reverse vesting of Excluded Assets and Excluded Liabilities into ResidualCo · scope: whole_business · status: approved
- sealed itemsThe Amalgamation Agreement is appended as a confidential supplemental appendix to the Sixth Report of the Monitor