British Columbia · CCAA
Twenty Ninth Report of the Monitor
Court officer report · 13 February 2026
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What we verified from this filing11 verified
- cash on handnote: Figure is before accruals (e.g. break fee, deposit return, DIP loan balance, employee amounts) totaling $406,338.75, which would reduce the balance to $3,244,326.41 net of accruals. · as at: 2026-02-13 · amount: 3650665.16 · currency: CAD · qualifier: excess of receipts over disbursements, before accruals for unpaid obligations
- closing confirmedscope: Murray River APA (shares ofCDLV owned by CDI) · outcome: completed · effective: 2026-02-11 · date basis: stated · approval order date: 2026-12-09; scope: Residual Assets Stalking Horse APA · outcome: not_completed · date basis: unstated
- disbursementssince: March 3, 2025 · amount: 913822.11 · currency: CAD
- operational summaryCDI has closed the sale of the CDLV shares under the Murray River APA and is in the final stages of closing the Residual Assets Stalking Horse APA (covering VIIO, CDD and Iron Ross interests), while continuing under CCAA protection with a further stay extension sought to allow assessment of the CKD claim and completion of the remaining sale.
- professional feesnote: Monitor's counsel's outstanding fees separately noted as $38,771.60, brought current to December 31, 2025; Petitioner's counsel's outstanding fees estimated at approximately $100,000, not yet paid. · party: Monitor (FTI Consulting Canada Inc.) · amount: 110050.51 · period: to January 31, 2026 · currency: CAD
- purchaserprice: sealed: false · currency: CAD · scope: shares ofCDLV owned by CDI · status: closed · name note: purchaser under the Murray River APA, unnamed in text (deposit paid by Qu Bo Liu) · structure: shares · name source: recital · relationship: unstated; price: sealed: false · currency: CAD · scope: COi's interest in VIIO, COD and Iron Ross · status: not_completed · name note: purchaser under the Residual Assets Stalking Horse APA, unnamed in text · structure: assets · name source: recital · relationship: stalking_horse
- receipts cumulativesince: March 3, 2025 · amount: 4564487.27 · currency: CAD
- report date13 February 2026
- report noTwenty Ninth Report
- sale outcometext: Update on the SISP, one closed transaction and one pending closing · scope: parcel · status: closed
- stalking horseQu Bo Liu (140000)