Ontario · CCAA

Public Report with Respect to the Applicant’s Cash and DIP Balance Pursuant to Order dated November 18, 2021

Court officer report · 18 November 2021

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 filing3 verified

cash on handnote: Balance of the Applicant's cash and cash equivalent; separately, the outstanding principal and interest owed to the DIP Lender was approximately US $168.5 million as at December 31, 2021. · as at: 2021-12-31 · amount: 89900000 · currency: USD · qualifier: approximately
operational summaryCrystallex remains under CCAA protection with the stay extended to November 18, 2022, funded by DIP financing from Tenor while it pursues its arbitration claim against Venezuela over expropriated mine sites. The Monitor is required to publicly report the cash and DIP balances at least every six months.
report date16 February 2022