On February 12,
2020 the Ontario Superior Court of Justice (Commercial List) (the “Court”)
issued an Order (the “Initial Order”) appointing Deloitte Restructuring Inc.
(“Deloitte”) as Monitor (the “Monitor”) of Ontario Graphite Ltd. (“OGL” or the
“Company”) pursuant to the Companies’ Creditors Arrangement Act (the “CCAA”).
The Initial Order
provided, among other things, a stay of proceedings until February 22, 2020
(the “Stay Period”). The Stay Period has been
extended to April 29, 2020.
If you have any questions
regarding this matter, please contact Deloitte Restructuring Inc. at the
Attention: In its capacity as Court Appointed Monitor of Ontario Graphite, Ltd.
Bay Adelaide East
8 Adelaide Street West, Suite 200
Toronto, ON M5H 0A9
Apr 26, 2021