On January 13, 2021, Salt Bush filed a Notice of Intention to Make a Proposal (the "NOI") pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act (the "BIA"). Deloitte Restructuring Inc. ("Deloitte") consented to act as proposal trustee under the NOI (the "Proposal Trustee"). Pursuant to Section 69(1) of the BIA, all proceedings against the Company are now stayed and services to the Company cannot be discontinued.
Pursuant to a Court order issued on February 12, 2021, the Proposal Trustee has been authorized to carry out a "stalking horse" marketing and sales process (the "Sales Process") for Salt Bush's assets or a restructuring or recapitalization transaction involving Salt Bush.
Publicly available documents will be posted to this website.
For further information,
please contact Naomi McGregor at 403-503-1423 or firstname.lastname@example.org.
Jul 8, 2021