Quebec · NOI
First Report of the Trustee
Court officer report · 30 December 2025
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
- financial positionnote: Comparative audited figures as at Nov 30, 2024 also presented: Total Assets $28,862,000; Total Liabilities $20,175,000 · page: 4 · as at: 2025-09-30 · basis: Unaudited, Company-prepared financial statements (in $CA 000s) · scope: ModerneRoc Inc. (entity-level, not consolidated) · currency: CAD · total assets: 28353000 · total liabilities: 18954000
- secured creditorsnote: Demand revolving credit facility (max $2,500,000, with $500,000 temporary increase April 1–Nov 30); amount is drawn balance due as at Nov 27, 2025 · page: 5 · as of: 2025-11-27 · amount: 3945603 · debtor: ModerneRoc Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: First-ranking hypothec against the universality of moveable assets and first-ranking hypothec against the quarry
- secured creditorsnote: Three term loans (crusher $3,756,893; quarry $3,346,688; concrete plant $749,512) - total outstanding balance as stated · page: 5 · as of: 2025-11-27 · amount: 7853093 · debtor: ModerneRoc Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: First-ranking hypothec against the universality of moveable assets and first-ranking hypothec against the quarry
- secured creditorsnote: Business credit cards facility (limit $100,000); outstanding balance as at Nov 27, 2025 · page: 5 · as of: 2025-11-27 · amount: 114442 · debtor: ModerneRoc Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: First-ranking hypothec against the universality of moveable assets and first-ranking hypothec against the quarry
- secured creditorsnote: Outstanding finance lease balance as at Nov 27, 2025 · page: 5 · as of: 2025-11-27 · amount: 693008 · debtor: ModerneRoc Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: Finance lease over a loader
- secured creditorsnote: Amounts not stated; aggregated equipment finance lease class distinct from RBC loader lease · page: 5 · debtor: ModerneRoc Inc. · creditor: PPSA/leasing equipment financiers (finance lease class): Bank of Montreal, John Deere Credit, Brandt, Coast Capital, CWB National Leasing, De Lage Landen Financial Services Canada Inc., Kubota Canada · currency: CAD · security: Finance leases over equipment