British Columbia · CCAA
Twenty Eighth Report of the Monitor
Court officer report · 8 January 2026
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 filing6 verified
- closing confirmedscope: the sale of the CDLV shares · outcome: not_completed · date basis: unstated · approval order date: 2025-12-09
- operational summaryCDI has sold its coal mining projects and is closing sales of its remaining interests in CDLV, VIIO, CDD and Iron Ross, after which its only remaining asset will be shares in CKD, which is subject to a contingent claim; the Company is seeking a stay extension while it pursues financing and a possible plan of arrangement.
- purchaserprice: sealed: false · scope: the shares of CDLV owned by CDI · status: approved · name note: purchaser of CDLV shares owned by CDI, unnamed · structure: shares · name source: recital · relationship: unstated; price: sealed: false · scope: CDI's interest in VIIO, CDD and Iron Ross · status: approved · name note: purchaser of CDI's interest in VIIO, CDD and Iron Ross, unnamed · structure: assets · name source: recital · relationship: unstated
- report date8 January 2026
- report noTwenty Eighth Report
- sale outcometext: Two Asset Purchase Agreements approved by the Court but not yet closed; the Company's counsel continues efforts to close them. · scope: parcel · status: pending_approval