Penn-Tek Truss & Floor Systems Inc.

On May 16, 2008, Deloitte & Touche Inc. was appointed by the Court of Queen’s Bench of Alberta, Judicial District of Calgary (the “Court”) as Receiver and Manager (the “Receiver”) of all of the current and future assets, undertakings and properties of Penn-Tek Truss & Floor Systems Inc. (Penn-Tek or the “Company”). A copy of the Receivership Order is found below.

On June 17, 2008, the Court of Queen's Bench of Alberta granted a Bankruptcy Order in respect of Penn-Tek Truss & Floor Systems Inc.

Penn-Tek is a private manufacturing company that produces both trusses and floor joists for all areas of construction. The Company is located in Olds, Alberta.

Court documents
Statement of Claim filed by Alberta Treasury Branches - May 16, 2008
Notice of Motion - May 15, 2008
Affidavit of Mr. Aubrey Wells, Alberta Treasury Branches - Sworn May 15, 2008
Consent to Act as Receiver - May 15, 2008
Receivership Order - May 16, 2008 
Notice of Motion - June 12, 2008
Application for Bankruptcy Order - June 12, 2008
Affidavit of Truths in Statement of Petition - June 12, 2008
Consent to Act as Trustee - June 12, 2008 
Bankruptcy Order - June 17, 2008 
Notice of Motion for Approval of Sale of Assets - July 10, 2008
Sale Approval and Vesting Order - July 10, 2008 
Affidavit of Victor Kroeger – May 20, 2009
Order – (Approving Receiver’s Final Report) – June 2, 2009

Creditors' information
Pursuant to paragraph 8 of the Receivership Order, there is a Stay of Proceedings in place whereby no party can commence or continue an action against the Company or its assets except with the written consent of the Receiver or with leave of the Court.

Creditors can direct any questions to Vanessa Grant of Deloitte & Touche Inc. at 403-298-5955.

List of Known Creditors as at May 16, 2008

Creditors' meeting
On June 17, 2008, the Court of Queen's Bench of Alberta granted a Bankruptcy Order in respect of Penn-Tek Truss & Floor Systems Inc.

The First Meeting of Creditors to consider the affairs of Penn-Tek Truss & Floor Systems Inc. will be held on Tuesday, July 15, 2008 at 2:00 p.m.at the following location:

Royal Canadian Legion
5241 - 46 Street
Olds, Alberta

In order to be eligible to vote at the First Meeting of Creditors, creditors must have filed, prior to the meeting, a valid proof of claim form and, where necessary, a proxy.

A Creditors' Package is attached below containing a Proof of Claim Form and a General Proxy Form.

Notice of Bankruptcy and First Meeting of Creditors Information Package (including Proof of Claim form and General Proxy form)

Receiver's reports
Notice of Receiver and Receiver's Statement - May 26, 2008 
First Report of the Court-Appointed Receiver - July 3, 2008 
Second Report of the Court-Appointed Receiver – filed May 22, 2009

Sale of assets
Deloitte and Touche Inc., in its capacity as Receiver and Manager of the current and future assets, undertakings, and properties of Penn-Tek Truss & Floor Systems Inc., is offering for sale the Company’s various assets. See the following document for information pertaining to the sale of the assets.

BID DEADLINE: JUNE 25, 2008  12:00 NOON (MDT) 

For further information, please contact Vanessa Grant, Deloitte & Touche Inc., at 403-298-5955.

Notice of Sale of Assets