Ontario · NOI
Motion Record of CYMI Canada Inc. returnable June 9, 2026
Application / notice of application · 9 June 2026
What we verified from this filing9 verified
- applicantCYMI Canada Inc.
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file noBK-26-03371910-0033
- provinceONTARIO
- appointee roleTrustee
- appointeeTDB Restructuring Limited
- commencement date12 May 2026
- financial positionnote: Document states 'There are no secured creditors' (Affidavit of Oscar De la Fuente Tomé, para. 11). The $24.4 million unsecured debt total excludes the disputed arbitration claim asserted by BNA (approx. US $29 million), which is valued at $1.00 as a placeholder on the initial creditors list pending resolution. CYMI is also being sued for an amount in excess of CAD $30 million in the same pending arbitration. No total-assets figure is stated; assets described only qualitatively (non-current A/R of ~$4.5M from Mosaic, JV interest, arbitration counterclaim, minor A/R, small cash balance). A precautionary PPSA registration was made by CYMI Spain the day before the NOI filing in anticipation of proposed DIP financing, not an existing secured claim as of the pre-filing date. · page: 21 · as at: 2026-06-02 · basis: CYMI's books and records (approximate figure, 'approximately CAD $24.4 million') · scope: CYMI Canada Inc. (single entity, non-consolidated) · currency: CAD · total liabilities: 24400000
- secured creditors