British Columbia · Receivership (court-appointed)
Notice of Application (filed August 27, 2025)
Application / notice of application · 27 August 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 filing14 verified
- applicantMNP Ltd., in its capacity as the court-appointed receiver and manager
- appointeeMNP Ltd.
- appointee rolereceiver and manager
- commencement date27 August 2025
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA IN BANKRUPTCY AND INSOLVENCY
- court file noS-255727
- secured creditorsnote: Primary secured creditor of the Debtors; figure described as 'approximately' the amount owed; related party (owned by Nlaka'pamux Nation Tribal Council, also proposed Stalking Horse Bidder/credit bidder) · page: 3 · as of: First Report date (approximate, as understood by the Receiver) · amount: 10974669 · debtor: Gold Mountain Mining Corp. · creditor: Nhwelmen Construction Limited Partnership (by its general partner Nhwelmen Construction GP Ltd.) · currency: CAD · security: Amended and restated 12% convertible debenture
- secured creditorsnote: Primary secured creditor; figure described as 'approximately' the amount owed; related party · page: 3 · as of: First Report date (approximate, as understood by the Receiver) · amount: 4796105 · debtor: Elk Gold Mining Corp. · creditor: Nhwelmen Construction Limited Partnership (by its general partner Nhwelmen Construction GP Ltd.) · currency: CAD · security: Mining Agreement (services provided to the Mine)
- secured creditorsnote: Bayshore (and Gold Mountain) each guaranteed Elk Gold's Mining Agreement obligations; figure described as 'approximately' the amount owed; related party · page: 3 · as of: First Report date (approximate, as understood by the Receiver) · amount: 4796105 · debtor: Bayshore Minerals Incorporated · creditor: Nhwelmen Construction Limited Partnership (by its general partner Nhwelmen Construction GP Ltd.) · currency: CAD · security: Guarantee of Elk Gold Mining Corp.'s obligations under the Mining Agreement
- secured creditorsnote: Identified as 'Lien claimant' in service list; amount not stated · page: 16 · creditor: Helm Diamond Drilling Ltd. · currency: CAD · security: Lien claim
- secured creditorsnote: Identified as 'Lien claimant' in service list; amount not stated · page: 16 · creditor: Rock Construction & Mining Inc. · currency: CAD · security: Lien claim
- secured creditorsnote: Aggregated serialized-equipment PMSI financiers per service list; amounts not stated · page: 16 · debtor: Gold Mountain Mining Corp./Elk Gold Mining Corp./Bayshore Minerals Incorporated (unspecified) · creditor: PPR equipment financiers (PMSI class) - CWB National Leasing Inc.; Mitsubishi HC Capital Canada Leasing Inc. · currency: CAD · security: PPR serial-number equipment registrations
- secured creditorsnote: Identified as 'Lien claimant' in service list; amount not stated · page: 17 · creditor: Foreman Equipment Ltd. · currency: CAD · security: Lien claim
- secured creditorsnote: Identified as 'Lien claimant' in service list; amount not stated · page: 17 · creditor: Twincon Enterprises Ltd. · currency: CAD · security: Lien claim