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Richelhoff Resources Inc.
Filing: 07/05/2025
Corporate Engagement Type: Bankruptcy
Richelhoff Resources Inc. (“the Company”) owned and operated an oil and gas production and exploration company. On May 7, 2025, the Company made an assignment into bankruptcy and MNP Ltd. was appointed as Licensed Insolvency Trustee. The First Meeting of Creditors in the bankruptcy of the Company will be held via telephone conference on May 22, 2025, at 11:00 CST. Call in details are (877)252-9279, conference ID: 219 735...
Trunorth Tire Distribution Ltd.
Filing: 13/05/2025
Corporate Engagement Type: Bankruptcy
On May 13, 2025, Trunorth Tire Distribution Ltd. was assigned into bankruptcy, and MNP Ltd. was appointed as Trustee of the bankrupt estate. Publicly available documents related to these proceedings will be posted below.
Kettle River Guides & Outfitters Ltd
Filing: 22/05/2025
Corporate Engagement Type: Bankruptcy
Kettle River Guides & Outfitters Ltd. (the “Company”) was in the business of providing customers with guided hunts based out of Oliver, BC. The Company made a voluntary assignment in bankruptcy and MNP Ltd. was appointed as Licensed Insolvency Trustee (“Trustee”) of the bankrupt estate.
Kilne Inc.
Filing: 16/05/2025
Corporate Engagement Type: Proposal
On May 16, 2025, Kilne Inc. filed a Notice of Intention to Make a Proposal (“ NOI ”) pursuant to Section 50.4(1) of Part III, Division I of the Bankruptcy and Insolvency Act (Canada). MNP Ltd. has consented to act as Trustee (the " Trustee ") in the NOI proceedings.
Restoration Co. Inc.
Filing: 06/05/2025
Corporate Engagement Type: Receivership
Restoration Co. Inc. was place into Receivership on application by the Royal Bank of Canada who is owed approximately $2.22 million. The Company operated from several location in Ontario, Alberta and BC renting various restoration equipment used in cases where there has been water damage and other significant events for commercial and residential owners. The Company defaulted in payments to RBC and appears to have liquidated certain inventory without...
Neurovine Inc.
Filing: 29/05/2025
Corporate Engagement Type: Bankruptcy
Neurovine Inc. filed a voluntary assignment in bankruptcy on May 29, 2025. The company was working on ways of changing how concussion patients recover using real-time data and machine learning through wearable tech to assist in an individual’s path to recovery. The Company has raised approximately $4.9 million and appeared on Dragon’s Den where they were not able to land an investor from Dragon’s Den.
Vital Properties Inc. and Vital Medical Group Inc.
Filing: 27/05/2025
Corporate Engagement Type: Receivership
Vital Properties was placed into Receivership on application by the National Bank of Canada who is owed approximately $3.56 million. The Company holds real estate located in Ottawa, Ontario which is located on land leased from the Ottawa Airport Authority. The land lease has been up for renewal and the Airport Authority was hesitant to provide a further land lease beyond July 2026. As a result, National Bank of Canada required a receiver to sell...
Matthew Leslie Carl Butler
Filing: 02/05/2025
Corporate Engagement Type: Receivership
On the 2nd day of May, 2025, MNP Ltd. became the Receiver in respect of specific property of Matthew Leslie Carl Butler by virtue of being appointed by Finance PEI.
Norseman HDD Underground Solutions Ltd.
Filing: 22/05/2025
Corporate Engagement Type: Bankruptcy
Norseman HDD Underground Solutions Ltd. (the "Company") was a company based out of Regina, Saskatchewan that provided specialized drilling and utility services throughout Saskatchewan. On May 22, 2025, the Company made an assignment into Bankruptcy. MNP Ltd. was appointed as Licensed Insolvency Trustee. The First Meeting of Creditors in the Bankruptcy of the Company will be held via teleconference on the 9 th of June 2025 at 2:00 PM CST respectively....
Greenway Recycling & Aggregates Inc.
Filing: 09/05/2025
Corporate Engagement Type: Proposal
Greenway Recycling & Aggregates Inc. (the "Company") based out of Regina, Saskatchewan, supplies aggregate products, logistic services, and material transportation in southern Saskatchewan. On May 9, 2025, the Company filed a Notice of Intention to Make a Proposal ("NOI") under subsection 50.4(1) of the Bankruptcy and Insolvency Act ("BIA"). The Company is still operating and is NOT subject to Bankruptcy proceedings.
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