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Red Eagle Mining Corporation - Status Updates
| April 23, 2019 | |
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The Receiver in in the process on realizing on the assets of REM and REMDC. The anticipated recoveries are expected to be lower than the amounts owing to secured and priority creditors. The Receiver does not anticipate any recovery for unsecured creditors and equity holders. | |
| November 21, 2018 | |
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On November 21, 2018, FTI Consulting Canada, Inc. was appointed as Receiver of all of the assets, undertakings and properties of Red Eagle Mining Corporation ("REM") and REMDC Holding Limited ("REMDC") pursuant to an Order of the Honourable Mister Justice Walker of the Supreme Court of British Columbia (the "Receivership Order"). | |
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