Newfoundland and Labrador · CCAA

Third Report of the Monitor dated June 8, 2026

Court officer report · 8 June 2026

What we verified from this filing1 verified

recovery outcomeentries: basis: estimated · quote: The Monitor does note that the EDC application, if approved, would cease all activity on the Project and likely result in a substantial loss to EDC and no recovery to any creditor subordinated to EDC, whereas the Company's proposed path forward would keep that option open, however speculative a party may believe it to be. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: creditors subordinated to EDC · interim final: unstated · conditional on: if the EDC application is approved · claims qualifier: unstated · stated on: 2026-06-08 · table missing: