On May 13, 2025, the Applicants sought and obtained an order (the "Initial Order") from the Ontario Superior Court of Justice (the "Court") granting, among other things, a continuation of the NOI Proceedings under the Companies' Creditors Arrangement Act, R.S.C. 1985, c C-36, as amended (the "CCAA") and appointing FTI, as monitor in the Company's CCAA Proceedings (the "Monitor")

On March 29, 2025, Shaw-Almex Industries Limited ("Shaw-Almex") filed a Notice of Intention to Make a Proposal ("NOI") pursuant to section 50.4(1) of the Bankruptcy and Insolvency Act. FTI Consulting Canada Inc. ("FTI") was appointed as the Trustee in this matter.

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