Quebec · CCAA

First Report to the Court submitted by the Proposed Monitor dated March 7, 2025 (Original French Version)

Pre-filing report · 7 March 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 filing2 verified

financial positionnote: Document states (p.8): 'Pétromont n'a pas de dette garantie connue et identifiée en date du 28 février 2025' (no known secured debt as of Feb 28, 2025) - stated absence of secured creditors. Total liabilities figure is the exact 'Total du passif' from the detailed liabilities schedule ($250,468k); prose elsewhere (p.9) rounds this to 'environ 250 M$'. Liabilities include $167,548k in temporary advances owed to special limited partners Ethylec inc. and Dow Chemical ULC (50/50, related parties, interest-bearing, unsecured) and $80,419k in accounts payable/accrued charges (mostly $78,771k interest payable to the same related-party partners). · page: 7 · as at: 2025-02-28 · basis: non-audité (unaudited); valeur comptable nette (book value), per Pétromont SEC's accounting records · scope: Pétromont SEC (entité opérante) - entity-level, non-consolidated balance sheet · currency: CAD · total assets: 1139000 · total liabilities: 250468000
secured creditors