On April 2, 2024, Canadian Western Bank filed the Consent to Act as Receiver (the “Consent to Act”) with the Supreme Court of British Columbia (the “Court”) and pursuant to the Consent Order dated February 22, 2024 (the “Consent Order”), Alvarez & Marsal Canada Inc. was appointed receiver without security, of all the assets, undertakings and property of Quarry Rock Developments (McAllister) Inc. (“McAllister Inc.”) and Quarry Rock Developments (McAllister) Limited Partnership (“McAllister LP”) (collectively, “Quarry Rock” or the “Debtors”) acquired for, or used in relation to a business carried on by the Debtors.