Alberta · Interim receivership
Brief
Application / notice of application · 3 December 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing3 verified
- secured creditorsnote: Amount is the 'Indebtedness' as at December 2, 2025, includes accrued interest to that date but excludes interest accruing after and certain other costs/fees (including legal fees); comprises LOC (max $300,000), HASCAP Loan #1 ($185,112.57 principal), HASCAP Loan #2 ($574,436.78 principal), Mastercard (max $50,000), and Temporary Excess overdraft - components are facility limits/original principal, not summed by document into a single balance breakdown. · page: 4 · as of: 2025-12-02 · amount: 1243290.21 · debtor: Excalibur Mechanical Ltd. · creditor: ATB Financial · currency: CAD · security: General Security Agreement dated September 3, 2019 over all present and after-acquired personal property
- secured creditorsnote: Personal guarantors (directors/shareholders of Excalibur - related parties); guarantee capped at $329,600 plus interest after demand and costs/fees. · page: 5 · amount: 329600 · debtor: Deseree Spooner and Bradley Spooner (Guarantors) · creditor: ATB Financial · currency: CAD · security: Joint and several limited guarantee
- secured creditorsnote: Document states other registrants exist against Excalibur's personal property (per Affidavit Exhibit D) but does not name them or state amounts; likely includes equipment financiers per para 29 (capital leases/equipment financing agreements) but not itemized in this document. · page: 12 · debtor: Excalibur Mechanical Ltd. · creditor: Other PPSA registrants (unnamed) · currency: CAD · security: Registrations against personal property at Alberta Personal Property Registry