Yukon Zinc Corporation
The Government of Yukon has filed a Petition with the Supreme Court of Yukon seeking the appointment of a receiver. On August 7, 2019, Madam Justice S.M. Duncan issued reasons for judgment and granted a limited lifting of the stay to allow the Government of Yukon to proceed with its application to appoint a receiver. The court hearing for this application will be scheduled in due course. For further details, a copy of the reasons for judgment can be found here.
On July 31, 2019, Yukon Zinc Corporation (the “Company”) filed a Notice of Intention to Make a Proposal (the “NOI”) pursuant to section 50.4(1) of the Bankruptcy and Insolvency Act (Canada) and Alvarez & Marsal Canada Inc. was named as the Proposal Trustee. Notice to the creditors can be found here.