British Columbia · Bankruptcy
Receiver's Eighth Report to Court
Court officer report · 13 January 2022
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 filing4 verified
- operational summaryThe Receiver has maintained care and maintenance of the Wolverine Mine, including water treatment and environmental monitoring, and has concluded the sale process by seeking approval to sell the Logan claim interest to Almaden while terminating the SISP for the remaining assets and transitioning the Mine to the Government of Yukon.
- professional feesnote: Receiver's own fees and disbursements total $1.6 million (fees $1,500,485.00 plus disbursements $95,464.94 per Appendix B). Counsel (Dentons) legal fees for the same period total $1.5 million (Appendix C total $1,470,242.38 incl. PST/GST). Estimated Receiver fees Dec 1, 2021 to Mar 31, 2022: $170 thousand; Dentons estimate: $180 thousand. Amounts include disbursements and, for counsel, PST and GST. · party: The Receiver (PwC); Receiver's legal counsel (Dentons) separately $1.5 million · amount: 1600000 · period: September 13, 2019 to November 30, 2021 · currency: CAD
- report date30 December 2021
- report noEighth Report