Northwest Territories · NOI

Creditor Notice Package - Proposal (April 20, 2026)

Notice to creditors · 20 April 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 filing1 verified

financial positionnote: Assets total of $697,180 is the table's 'Total Asset Value' as at April 17, 2026 (accounts receivable 107,000; real property 158,300; vehicles 257,630; shop equipment 109,250; construction tools 40,000; automotive hand tools 25,000; all fully encumbered). Liabilities: CRA deemed trust 182,285; secured creditors 430,769; unsecured creditors 114,661. Report separately states a book value of assets of $962,830 and an estimated net realizable value of $697,180 in a bankruptcy scenario. · as at: 2026-04-17 · basis: Company-disclosed book/estimated realizable values per the Proposal Trustee's Report; based on unaudited financial information and Company records, not audited or verified by the Trustee · scope: Single entity: McCoy Enterprises Ltd. (not consolidated) · currency: CAD · total assets: 697180 · total liabilities: 727715