British Columbia · Receivership (court-appointed)

First Report of the Receiver

Court officer report · 5 February 2026

Also filed as: First Report of the Receiver

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What we verified from this filing1 verified

secured creditorsnote: Approximate pre-filing balance as at Receivership Date (September 5, 2025); Shape has since advanced an additional $10.5 million under Receiver's Certificates (post-filing DIP-style financing, not pre-filing debt) · page: 3 · as of: Receivership Date · amount: 62000000 · debtor: Keltic (Prior) Development Limited Partnership, 1319191 B.C. Ltd. and 1232616 B.C. Ltd. · creditor: Shape Capital Corp. · currency: CAD · security: Senior secured lender in relation to the Project