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FTI Consulting, Inc. / Myra Falls Mine Ltd.

On December 18, 2023, Myra Falls Mine Ltd. ("MFM") sought and obtained an initial order (the "Initial Order") from the Supreme Court of British Columbia (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 Consulting Canada Inc. was appointed monitor (the "Monitor") of MFM.

On December 28, 2023, MFM obtained an amended and restated initial order (the "ARIO") extending the period of the Court-ordered stay of proceedings against MFM under the CCAA until February 29, 2024 (the "Stay Period").

On February 27, 2024, MFM obtained an order approving the Sale and Investment Solicitation Process (the "SISP"). Please refer to the Sale and Investment Solicitation Process section of this website for further information.

On February 27, 2024, MFM obtained an order extending the Stay Period until and including June 30, 2024.

On March 7, 2024, MFM obtained an order approving an agreement for the sale of MFM's right, title and interest in an equipment lease.

For additional information please contact the Monitor's hotline:
Phone: 833-516-8999
Email: myrafallsmine@fticonsulting.com

Contact FTI

FTI Consulting
701 West Georgia Street
Suite 1450, PO Box 10089
Vancouver, BC V7Y 1B6

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