British Columbia · CCAA
Six Report of the Monitor
Court officer report · 21 November 2024
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What we verified from this filing5 verified
- closing confirmedscope: 1200 Waddington Drive, Vernon, B.C. and certain inventory and equipment · outcome: completed · effective: 2024-10-11 · purchaser: Stonemark Investments Ltd. · date basis: stated · approval order date: 2024-10-04; scope: all commercial chemical and fertilizer inventory · outcome: completed · effective: 2024-10-17 · purchaser: TerraLink Horticulture Inc. · date basis: stated · approval order date: 2024-10-04
- process resultsbids: 9 · lois: 3 · ndas: 23 · note: 23 parties executed Confidentiality Agreements and were granted access as Qualified Bidders; 3 LOIs from two parties by LOI Deadline; nine bids received by Final Bid Deadline · as of: 2024-11-08 · qualified bids: 23
- purchaserprice: sealed: false · scope: 880 Vaughan Avenue, Kelowna, B.C. (the ' Vaughan Property ') · status: proposed · name note: purchaser of the Vaughan Property, unnamed in report body · structure: real_property · name source: operative · relationship: unstated; price: sealed: false · scope: 9718 Bottom Wood Lake Road, Lake Country, B.C. (the ' Lake Country Property ') · status: proposed · name note: purchaser of the Lake Country Property, unnamed in report body · structure: real_property · name source: operative · relationship: unstated; Stonemark Investments Ltd.; TerraLink Horticulture Inc.; price: sealed: false · scope: 2605 Acland Road, Kelowna, B.C. (the ' Acland Property ') · status: approved · name note: purchaser of the Acland Property, unnamed · structure: real_property · name source: operative · relationship: unstated
- sale advisorUnison HM; Colliers; Maynards Liquidation Group Inc.
- sale outcometext: Update on BCTF SISP: none of the bids received were en bloc bids and no going concern offer was presented for the Oliver Packing Plant · scope: whole_business · status: no_acceptable_bid