On August 23, 2016, B. Riley Farber Inc. (“B. Riley Farber“) became the Court-Appointed Receiver (the “Receiver“) pursuant to section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended, over certain rights in respect of twenty parcels of land (the “Property“) jointly owned by GSR Mining Corporation and AJ Perron Gold Corp. pursuant to an Order (the “Appointment Order“) of the Honourable Justice Hainey of the Ontario Superior Court of Justice (Commercial List).
The Property was formerly related to the Kerr-Addison gold mine which operated from approximately 1930 until 1996 in Virginiatown, Ontario.
On October 3, 2016, the Receiver obtained court approval of a sale and investment solicitation process (“SISP”) to offer the Property for sale to the public.
On October 31, 2016, the Receiver sought court approval of:
- an Agreement of Purchase and Sale between the Receiver and Gold Candle Ltd. in respect of the Property;
- the Receiver’s Third Report, activities and conduct;
- the professional fees of the Receiver and its counsel; and
- the Receiver’s discharge.
Links to court documents can be found below.
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The case updates and court filed documents on this website are for information purposes only and you should consult your financial or legal adviser if you have any questions or concerns about your rights or obligations. Additional updates on the status of these proceedings may become available in the future.
- Motion Record returnable October 31, 2016
- Motion Record returnable October 3, 2016
- Responding Motion Record of Respondent dated June 29, 2016
- Supplementary Application Record of Gold Candle Ltd. dated June 21, 2016
- Supplementary Application Record dated April 27, 2016
- Application Record dated April 18, 2016 (returnable May 3, 2016)
- Factum April 26, 2016
- Brief of Authorities of the Applicant April 26, 2016
Court Orders and Endorsements
- Court Order approving SISP, dated October 3, 2016
- Appointment Order of Justice Hainey dated August 23, 2016
- Endorsement of Justice Hainey dated July 6, 2016
- Endorsement of Justice Wilton-Siegel dated May 3, 2016
- Discharge Order (re Third Report and Discharge) of Newbould J., October 31, 2016
- Approval and Vesting Order of Newbould J., October 31, 2016