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Western Potash Corporation - Reports
The following reports have been filed in the proceedings:
Pre-Filing Report of the Proposed Monitor |
August 20, 2026 |
The purpose of this pre-filing report of the Proposed Monitor (the "Pre-Filing Report") is to provide the Court with information pertaining to:
a) FTI's qualifications to act as Monitor, if appointed;
b) the activities of FTI and its counsel, Stikeman Elliott LLP ("Stikeman"), to date;
c) consolidated cash flow projections of the Company's receipts and disbursements to 13-week period ending November 22, 2026 (the "Cash Flow Projection") and the reasonableness thereof, in accordance with section 23(1)(b) of the CCAA;
d) key terms of the DIP Facility and a corresponding charge in respect thereof (the "DIP Charge");
e) the proposed administration charge (the "Administration Charge");
f) a discussion of the intended next steps in the CCAA Proceedings, including relief that the Proposed Monitor understands Appian intends to seek at a comeback hearing (the "Comeback Hearing") on August 31, 2026, if the Proposed Initial Order is granted; and
g) FTI's views with respect to the proposed CCAA Proceedings and certain of the relief sought in the Proposed Initial Order.
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