​​​​​​​​​​​​​On November 27, 2023, Anderson Square Holdings Ltd. (the "Company") filed a Notice of Intention to Make a Proposal (the "NOI") pursuant to section 50.4 of the Bankruptcy and Insolvency Act (the "BIA") and Deloitte Restructuring Inc. has consented to act as the Licensed Insolvency Trustee (the "Trustee") under the NOI.  As provided in section 69(1) of the Act, the Company was granted an initial 30-day stay of proceedings. 

On December 22, 2023, the Court granted an Order extending the stay of proceedings and time for filing of a proposal by the Company to February 10, 2024. ​

On February 7, 2024, the Court granted an Order which further extended​ the stay of proceedings and time for filing of a proposal by the Company to March​ 26, 2024.

On March 25, 2024, the Court granted an Order further​ extending the stay of proceedings and time for filing of a proposal by the Company to May​ 10, 2024.

On May 30, 2024, the Company filed a Proposal to it's Creditors with additional materials provided below. On May 31, 2024, the Amended Proposal was accepted by the creditors at the First Meeting of Creditors. 

For further information, please contact:

Christopher Knox

1500 Manulife Place

10180-101 Street

Edmonton, AB T5J 4K1

Direct: 780-401-3913

Fax: 780-421-3782

Email: cknox@deloitte.ca