FTI Consulting, Inc. / KMC Mining

On December 5, 2024, KMC Mining Corporation ("KMC Mining"), 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.

On January 10, 2025, KMC Mining sought and obtained an initial order (the "Initial Order") from the Court of the King's Bench of Alberta (the "Court") under the Companies' Creditors Arrangement Act R.S.C. 1985, c. C-36, as amended ("CCAA"). The Initial Order provides, among other things, a stay of proceedings which may be extended from time to time. Pursuant to the Initial Order FTI was appointed monitor (the "Monitor") of the Applicant