​​​On April 20, 2016, 101149825 Saskatchewan Ltd. filed a Notice to Creditors of Intention to make a proposal pursuant to Subsection 50.4(6) of the Bankruptcy and Insolvency Act. Information regarding the proceedings can be found below. 

On May 20, 2016, the Saskatchewan Court of Queen’s Bench ordered that these proceedings would be taken up and continued under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”). Deloitte Restructuring Inc. was appointed as Monitor in the CCAA proceedings to oversee the operations of the Applicants during the restructuring.

Please see www.insolvencies.deloitte.ca/en-ca/101133330and101149825SKLtd for further information regarding the CCAA process.

If you have any questions regarding this matter, please contact Deloitte Restructuring Inc. at the following address:

Deloitte Restructuring Inc.
360 Main Street, Suite 2300
Winnipeg, MB R3C 3Z3
Canada

Telephone: 204-942-0051