1075397 Alberta Ltd., Rigsat Communications Inc., Petrocraft Products Ltd. et al

Filing Date:

Pursuant to section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3 (the "BIA"), section 13(2) of the Judicature Act, RSA 2000, c J-2, and section 49(2) of the Law of Property Act, RSA 2000, c L-7, MNP Ltd. is hereby appointed as receiver and manager, without security, of: (a) the lands and premises legally described as Plan 7810519 Block 5 Lot 2 excepting thereout mines and minerals (the "Lands"); and (b) all of the Debtor's present and after-acquired personal property situated on the Lands or which at any time was annexed to, compromised in, pertaining or relating to or used in connection with the Lands, including all rents, deposits, bank accounts, other amounts and all books and records associated with such property and the Lands (the "Collateral", collectively with the Lands the "Property").

Effective April 20, 2021 the receiver terminated the sales process for the Property, as 1075397 Alberta Ltd. had refinanced the Property and paid out the mortgage pursuant to which the receiver was appointed.

On August 4, 2021, the Court of Queen’s Bench of Alberta discharged MNP Ltd. as Receiver of the Property defined in the Receivership Order.

Contact Information

Rick Anderson



Vice President

Servicing Calgary and 1 other offices.