British Columbia · CCAA
Twenty Sixth Report of the Monitor
Court officer report · 10 April 2025
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What we verified from this filing4 verified
- closing confirmedscope: the Assets · outcome: completed · purchaser: West Moberly · date basis: unstated · approval order date: 2025-02-03
- purchaserWest Moberly; price: note: DIP Lender APA purchase price · basis: cash · amount: 1650000 · sealed: false · scope: the shares of Wapiti and CBM owned by CDI in addition to the assets of Wapiti and CBM (the "Assets") · status: not_completed · name note: DIP Lender (Mrs. Liu) proposed purchaser under the DIP Lender APA, not approved · structure: hybrid · name source: recital · relationship: secured_lender_credit_bid
- sale outcometext: SISP for remaining assets sought but not yet approved; documents supporting the application were incomplete · scope: whole_business · status: pending_approval
- stalking horseMrs. Liu