Alberta · Winding-up (CBCA)
Supplement to the Second Report of the Liquidator
Court officer report · 28 November 2023
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What we verified from this filing4 verified
- closing confirmedscope: the PPA Receivable · outcome: completed · effective: 2023-11-24 · purchaser: REXSA · date basis: stated · approval order date: 2023-11-17
- financial positionnote: Document states only the differential, not full totals: 'The value of ROGCI's assets were $68.2 million greater than the total balance of known liabilities.' The underlying table (Exhibit 2.0) did not disclose potential legal action liabilities, for which a placeholder with no assigned value was included. Separately, as of the Supplement's date the Liquidator reports holding a cash balance of US$79.7 million. · as at: 2023-11-20 · basis: Statement of known assets and known liabilities of ROGCI (Exhibit 2.0 to the Second Report); did not include a value for contingent legal action liabilities · scope: entity - ROGCI (assets/liabilities to vest in the proposed Trust) · currency: USD
- purchaserREXSA
- sale outcometext: the sale of the PPA Receivable to REXSA closed · scope: ancillary · status: closed