British Columbia · CCAA
Supplement to the Eighteenth Report of the Monitor
Court officer report · 11 September 2025
What we verified from this filing4 verified
- closing confirmedscope: the Virginia Mills · outcome: not_completed · purchaser: Mercury Merchant · date basis: unstated
- purchaserMercury Merchant; Twain Capital
- recovery outcomeentries: basis: unstated · quote: As of September 5. 2025, the Interim Lenders are still o\s'ed appro.ximatcly $126.77 million and continue to face the prospect of a significant shortfall on reco^■eIy^ · pct of: unstated · outcome: shortfall · class key: secured · stated by: unstated · class label: Interim Lenders · claims amount: 126770000 · creditor name: Interim Lenders · interim final: unstated · claims qualifier: unstated · stated on: 2025-09-10 · table missing:
- sale outcometext: The Virginia APA transaction with Mercury did not close and was terminated; the Monitor has now signed the Pine APA with Twain Capital for the Pine Mill · scope: parcel · status: terminated